Buying your first home
One of the largest expenses you may make in your lifetime is a home. It is in fact the largest loan most of us will ever obtain. It is important to plan it well in order to minimize your payment schedule, which will likely be spread out over decades.
Not only is it important to find the right mortgage solution at the best possible rate and, of course, a home that suits your budget, but it is also very wise to try to maximize your down payment right from the start.
If you plan to purchase a home within a few years, start saving right away by implementing a systematic savings plan. If, however, you have neglected your savings and are now ready to buy your home, here are a few options that can help you make a smart financial decision.