How Much Is the First-Time Homebuyer Down Payment?

How Much Is the First-Time Homebuyer Down Payment?

Stepping into the world of homeownership can be thrilling. But it can also be a tad overwhelming — especially when figuring out the initial cash you’ll need.  Typically, a first-time homebuyer down payment hovers around 6% of the new home’s purchase price. This blog walks you through the ins and outs of down payments, offering…

HELOC Guide: Everything You Need to Know about Home Equity Lines of Credit

HELOC Guide: Everything You Need to Know about Home Equity Lines of Credit

What is a home equity line of credit? When you buy your first house, you typically have to save a boatload of cash — tens of thousands of dollars or even more — depending on your financial situation and the price of your property.  It’s a big chunk of change, to be sure. But once…