What's The Lowest Down Payment For A Mortgage Loan?

55 лет назад

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A homebuyer in one of the FB Groups asked what's the typical downpayment % for a conventional mortgage loan. In this rapid-fire video, I'll answer the lowest downpayment required for a conventional loan, FHA loan and VA loan.

Timestamp
0:00 Intro
0:28 Conventional Loan
1:03 FHA Loan
1:11 VA Loan

// LINKS
Other videos to consider during your home purchase journey:

✅ What Impacts Mortgage Rates
https://youtu.be/-OqgN1KI4Ok

✅ 4 Tips to Finding The Best Mortgage Lender
https://youtu.be/IcXSB1Q07YM

✅ 6 STEPS to Getting a Mortgage
https://youtu.be/QY1896c9k1E

#downpayment #mortgage #realestate #chrischoe #1rate

// CHRIS'S BIO
On Friday, May 29, 2020, at 4:45PM, after finishing up my firm's COVID response, I was let go. I worked there for ten years climbing up the corporate ladder. And every single year, I went through the same old roller coaster of emotions where I was unhappy one day, and then the next day, I would convince myself that this was normal. That it was normal to be unhappy with your job. Don't get me wrong, I met some incredible people, some astounding people, but when the company's actions do not match the ideals that they preach, and when you see good, hard-working people not get the recognition that they deserve, it takes a strain on one's mind.

So, on May 29th, I saw I was given an opportunity. Now I could create something meaningful. A company that was about honesty, teamwork, and family. A company that was about being client-first by being employee-first. So, I tossed away the Corporate America C-Suite dream, grabbed hold of the Entrepreneurial spirit, and created 1RATE. A boutique mortgage advisory firm focused on meeting clients with a "Four Seasons" experience, striving to become the industry's gold standard, and formulating an organization about training, rewarding, and honoring the individuals who treat everyone like a VIP client.

So far, it's been an amazing journey building something unique and creating a "WOW" experience for every client. We're having a ton of fun, connecting with great people and sharing the redefined experience of 1RATE with everyone we can.

Thank you for your support!

// LEGAL
1RATE is a premier mortgage advisory firm. 1RATE specializes in home purchases, refinance, FHA loans, VA Loans. Headquartered in the DC Metro area we guide our clients to review and select the best mortgage that fits their financial strategy - and show them how to leverage their mortgage as a financial tool instead of a burden. We provide a hassle-free process that has been designed to give our clients the smoothest home buying experience.

A home is a big purchase - likely the biggest one you'll make. For many homebuyers, that is a little intimidating. You need to make sure you're making the smartest financial decisions and choosing the right property at the right price and the right time. We help you every step of the way.

Check us out at -- HTTP://www.1rate.com

The fastest rate shopping experience -- HTTP://www.1rate.com/free-quotes

Start your loan application at -- HTTPS://chrischoe.floify.com

Chris Kyun Choe
NMLS 1818728 | nmlsconsumeraccess.org

1RATE
NMLS 1948084 | nmlsconsumeraccess.org

12123 Heritage Park Circle
Silver Spring, MD 20906
(O) 240-292-1490

// LICENSES
Arizona (1026536), California (60DBO-127961), Colorado, Delaware (031726), Florida (MBR4115), Georgia, Maryland (24349), North Carolina (B-202918), Pennsylvania (91269), South Carolina, Texas, Virginia (MC-7051), Washington (CL-1948084), Washington D.C. (MLB1948084), West Virginia (MB-1948084)

// TAGS
interest,buy a house,buy now or wait house,finance,bank,save,money,buy,homebuyer,loan,loans,buying a house,buying house,buying a home,housing,help buying a home,home buying tips,buying a home for the first time,home mortgage,interest rate,home loan,real estate investing,how to buy a house

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