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Did You Know? You Can Have As Low As 3% Down Payment As A First-Time Home Buyer

Writer: Venture Philly GroupVenture Philly Group

Looking at house prices might be scary but what most people don’t realize is that you need a fraction of that price to be a home owner and start your mortgage. Let’s look at some facts and costs that will explain this better.


Types of Loans



Example

$585,000



Down Payment

(for first-time home buyers)

FHA Loan: $20,475 Conventional Loan: $17,550




Homes for Sale







Venture Philly Group Buy. Sell. Invest. info@venturephilly.com o. 215.592.9522 604 S Washington Square, Philadelphia PA 19106 venturephilly.com

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