A down payment is a portion of the property price paid at the time of purchase when utilizing a loan. The percentage of down payment varies by loan type.

abatement definition


Tony & Ashley recently purchased their first home for the price of $260,000, they purchased the home with a down payment of 15% of the purchase price and a mortgage to cover the remaining balance.

Need a hard money loan? Get prequalified now!

Complete the form below to begin the funding process.