Looking for Down Payment Assistance? Colonial Can Help!

Buying a home can be one of the most exciting and rewarding times in a person’s life. Pride of ownership, the ability to make updates to the property and the benefit of building equity are just a few of the many benefits of owning a home. But unfortunately for many potential homebuyers, the biggest roadblocks when purchasing a home is the down payment.

Looking for Down Payment Assistance? Colonial Can Help!One of the biggest misconceptions out there is you must pay at least 20 percent toward the down payment of a home. Fortunately, that is no longer the case. Colonial offers a number of Low Down Payment options including, 3% Down Loans, FHA Loans and VA Loans for Veterans.

But even with those low down payment programs available, it can still be difficult to save for a down payment with everyday expenses like rent increases or student loan debt. That’s why we are proud to participate in a number of Down Payment Assistance Programs that help provide down payment grants, homebuyer education and other assistance to potential homebuyers.

Down payment Assistance and Grant Programs vary from state-to-state, and even from county-to-county, so if you have a child, friend or other family member who is looking to purchase a home and would be interested in learning about what kind of programs are available, have them contact me today so I can help get them started on their home buying journey. Visit GoColonial.com today to learn more about the variety of home loan programs out there and be sure to check out and share the video below about Low Down Payment Loans with Colonial.

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