Our series for first-time homebuyers is all about understanding down payments in order to make smart, informed decisions when it’s time to buy. In the final edition of this three-part series, we’ll look at several programs that are available to assist homebuyers.
If you’re a first-time homebuyer along the Front Range of Colorado, it’s important to understand your down payment options. A down payment is a lump sum paid upfront that reduces the amount of money borrowed. In the first post of this three-part series, we’ll look at what a down payment is and several down payment options.