Debunking Down Payment Myths
Down payment myths prevent many people from even considering buying a home, when in fact they could be enjoying homeownership right now!
Here’s the situation: 39% of non-homeowners believe they need to put more than 20% down. Another 26% believe they need to pay 15-20% up front, and 22% say they need a down payment of 10-14% to buy.* That means there is a wide spread misconception among the majority of potential home buyers about just how much they need for a down payment.
Find more homebuyers by educating those who want to buy a home, but are keeping themselves out of the market due to the down payment myth! Share the video below and its companion infographic found here.
TWO OPTIONS FOR REAL ESTATE AGENTS WHO WANT TO USE THIS VIDEO
- Download this video as is HERE and share it on your social media pages.
- Co-brand this video with your Academy Mortgage Loan Officer (see request form below). Not working with an Academy Mortgage Loan Officer? Click Here to find one!