Saving for a Down Payment
Saving for a down payment can be a relatively easy path once the right savings techniques are applied. We seek to make the loan application process as simple as possible, while navigating down payment requirements.
Some tips for saving for a down payment are:
- Establishing a separate savings account; using an exclusive savings account that make your contributions automatic keeps the capital accumulating separately to make you less likely to draw from it for alternate uses.
- Tax advantage of tax free investments.
- Avoid taking out of your retirement savings.