With the current condition of the economy, interest rates are at an all time low. Homes are more affordable and readily available. While it’s a buyers market, the largest obstacle with any first time home buyer is having enough cash for a down payment. If you’re stuck wondering whether or not you have the available funds, your bank can help.
Going through my own first home buying experience I can assure you I had plenty of questions and doubts about what I could do on my own. Our expert mortgage team answered my questions and helped in every way they could. I’m in the final stages now and I couldn’t be more confident and excited.
There are programs out there to help pay the down payment and closing costs at no cost to the home buyer. Most of these programs I had never even heard of and unfortunately that is the case for most new home buyers. Standard Bank is pleased to provide our free Down Payment Assistance Guide that answers the most common questions new home buyers have. In addition the guide shows you the programs available to help get you on your way to owning your own home. You can download the Down Payment Assistance Guide below. If you have any further questions do not hesitate to give us a call!