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Mortgage company helping me to save for a downpayment

I saw an ad for a program with a mortgage company that will help me to save money every month for a down payment. Is this a good idea? by erynf47 from Kiowa, Kansas. Jul 17th 2020 Reply


Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

Maybe. But honestly, more details are needed. Is the just a plan for you to follow? A plan where they hold your money while you accumulate it? When and how do you get the funds when you are ready? Do you have to use them when you decided to purchase, even if better loan programs exist from other lenders? Without more details, it could be a great opportunity or a disaster. I'd be happy to discuss with you to provide some guidance. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.

Jul 17th 2020
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