You just found your dream home in Sarasota, and it’s within your budget! One thing has you scratching your head though, how are you going to come up with the 20% down payment? You’re worried that if you can’t find the money for the deposit, you’ll lose your chance to buy your perfect house.
Don’t worry just yet. Many home buyers are surprised to learn that there are a variety of down payment programs available to them—there are more than 2,200 down payment programs in the US that might be able to help.
A lot of home shoppers don’t even consider applying for any kind of down payment assistance. People might automatically assume they’re not going to qualify, or it’s just too much work, and not even worth the hassle. This isn’t always the case! Lenders want to get more people into homes, and these kinds of programs can help, as long as you meet eligibility requirements.