Do You Have A Thousand Dollars To Simply Throw Away? I know this may sound like a very silly question but that is exactly what happens everyday to unsuspecting buyers who do not get pre-approved for a loan BEFORE they go house hunting. Let me explain

One of the biggest barriers to home ownership in the country is the money needed to buy a home. The money you need is broken down into 2 categories: downpayment and settlement costs. Your downpayment will vary depending on which loan program you choose.