FULL - Dealing with the Down Payment

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*** This event is full ***

For many home buyers the biggest hurdle to ownership is the down payment. The preferred standard remains a minimum 20% of the purchase price. What if interest rates increase faster than you can save for the standard down payment? The good news is the standard is no longer standard. According to a survey done in May 2013 the average down payment in Colorado is 15.8%. Let us show you down payment options that will allow you to take advantage of interest rates while they remain historically low.

  • Mortgage insurance
  • Home equity loan availability to help with down payment
  • Give yourself a loan through retirement plans and other saving instruments
  • Receiving gift funds
  • Down payment assistance programs

Date: April 30, 2014
Time: 6:00 PM - 7:30 PM
Location: Elevations Credit Union, Diagonal Branch  ( view map )
Address: 2960 Diagonal Highway, Boulder

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