For most prospective home buyers, saving up for a mortgage down payment is one of the most intimidating parts of the entire home buying process. Even with an FHA loan, the amount of money required to get financed is no chump change when you consider most people are already budgeting for life’s necessities month in and month out.
Fortunately, there are some simple (and relatively painless) everyday things you can start doing right now to either begin building your down payment, or add onto what you’re already doing to help you achieve your goal of home ownership that much faster.
This video will tell you about 10 of the best, most commonly overlooked, or “why didn’t I think of that?” ways to save every day. And if you haven’t already started saving, or want to know more details on how much you should be putting away, be sure to check out our comparison of the different types of mortgage loans.
