Millions of people dream about the day they become a homeowner. Often, planning begins many years ahead of a purchase. Finding a house to love is the easy part, but there are hoops to jump through before moving into the residence. Many new buyers suffer stress from wondering how much they are expected to put down on a house. Unfortunately, anxiety can sour the excitement and joy of a first home acquisition.
Purchasing a home is the biggest financial investment most people will make in their lifetime. All of the rewards of owning a home should outweigh the fear of not having enough for a down payment. As the saying goes, knowledge is power. With advance research and planning, the obstacles in the path to homeownership can be overcome.