The Truth About Down Payments

0 Comments
December 20, 2024

The Truth About Down Payments

a screenshot of a phone

Some Highlights

  • There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make their offer more competitive.
  • And if you want to give your savings a boost, look into down payment assistance. There are thousands of programs that offer an average benefit of nearly $17,000.
  • To learn more about loan options or down payment assistance programs, connect with a trusted lender and check out downpaymentresource.com.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *

Home Projects That Add the Most Value

Home Projects That Add the Most Value

by | May 30, 2025 |

Some Highlights Whether you’re planning to move soon or not, you want to be strategic about which home projects you take on. ​Because not all of them will be worth it. Before you decide what upgrades to tackle, talk to an agent who knows what’s in demand in your area...

Is It Better To Rent or Buy a Home?

Is It Better To Rent or Buy a Home?

by | May 29, 2025 |

Is It Better To Rent or Buy a Home? You’ve probably asked yourself lately: Is it even worth trying to buy a home right now? With high home prices and stubborn mortgage rates, renting can seem like the safer choice right now. Or maybe your only choice. That’s a very...

The Wallace Group Logo

Main Phone Number

(901) 290-0716

Arlington Office:

5224 Airline Road, Suite 111,
Arlington, TN 38002

License #263904

 

East Memphis Office:

775 Ridge Lake Blvd., Suite 400,
Memphis, TN 38120

License #258797

 

Southaven Office:

5847 Getwell Rd. Bldg B-1
Southaven, MS 38672

License #20672

 

Website Design by LAB Digital Creative

© 2023 Memphis Area Association of REALTORS®. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Wallace Group Home & Loan | Pathway Mortgage. Some or all of the listings displayed may not belong to the firm whose website is being visited.