Realty Club 74

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How Do I Get Money for My Down Payment?

Written by Wena Roeloffze I Realtor and Buyer Agent I Realty Club 74 I Brokerage by Coldwell Banker Realty

Easily! You will kick yourself for not knowing this sooner.

When thinking about purchasing a home, the dreaded saving methods or getting donation letters are things of the past.

Meet Home Fund It, your new best friend when saving for that 3, 5, 10 or 20% down payment.

Here is what you need to do:

  1. Go to my link below to read the success stories of other people;

  2. Register and start your own campaign;

  3. Keep me and CMG Financial posted on how you are doing to raise funds;

  4. Let’s buy your house!

Picture this: you just finished school or college and you land this awesome job. Yeah! You can afford a monthly repayment on a mortgage (which by the way will be cheaper than renting), but here’s the catch. You have no savings for the down payment. Ugh!

To the rescue is HomeFundIt! Now your friends and family can gift you money to help you save so much faster for that down payment. You simply launch an online campaign with your story about why you want to purchase a home. Your friends and family go to the online platform and donate to help you save.

Quick tip: talk to me about which local lenders here in Milwaukee supports this awesome campaign, so you know exactly how much you need. Or go to my local services page for Mark David at CMG Financial to hear how he helped other buyers. It is great to show on your campaign that you did the legwork and tell everyone what your lender requires from you. Total transparency makes it a win-win all around. This platform is not only for first-time home buyers. If you had some trouble in the past and you know your friends and family will help, let’s get you started.

If you are unsure about the process and have extra questions, reach out here.