Are Down Payments and Closing Costs Holding You Back? You're Not Alone!

For 4 in 5 aspiring homeowners, the biggest hurdle to crossing the homeownership finish line isn’t finding the perfect home—it’s saving for the down payment and closing costs. According to a Bankrate report, 81% of would-be buyers cite these upfront costs as a “significant” barrier to homeownership:

🐷 52% say the challenge is “very significant”

🐷 29% say it’s “somewhat significant”

This data comes from a January survey of 2,703 U.S. adults, shedding light on just how difficult it can be to gather the necessary funds.

📢 Here’s the reality: The median down payment among homebuyers nationwide has jumped 7.5% year over year, reaching $63,188, according to Redfin. That means the typical homebuyer is putting down 16.3% of their home’s purchase price, with the median home-sale price currently at $428,000.

💡 But don’t let these numbers discourage you! There are loan programs, grants, and creative financing options designed to help you break through these barriers. That’s where ReadySetLoan comes in!

🏁 Whether you’re looking for low down payment options, down payment assistance programs, or strategies to reduce closing costs, ReadySetLoan is your go-to resource. Our team is here to help you navigate the process and cross the finish line to homeownership.

🎯 Don’t let the numbers hold you back! Take your next step with ReadySetLoan today!

www.ReadySetLoan.com