Скачать или смотреть What / How Much is a Mortgage Downpayment?

Sometimes it’s difficult to understand why you need to pay a downpayment, especially since the goal of a loan is to get money in your hands! Seems kinda backwards doesn’t it. Well, in a situation like a home loan, the downpayment is a requirement to prove to your lender that you are financially responsible enough to pay back the loan. Imagine loaning money to somebody who never helps cover the bill at a restaurant? It’s kinda like that, but obviously more complicated. Let’s solve the mystery of the mortgage downpayment in today’s video.

Answering all your Mortgage Questions and demystifying your Mortgage Mysteries.

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Scott Groves, a 20 year veteran of the mortgage industry, and active Loan Officer who has funded over $1Billion of mortgages in his career... answers all your mortgage questions on this channel.

Whether you're a first time home-buyer, looking to refinance, or looking to sell your home & get a mortgage for your dream home, this channel can help clear up some questions. Didn't find what you are looking for on this channel? Just email Scott Groves with ANY mortgage question for a home loan ANYWHERE in the country. We will respond to your inquiry within 24 hours & will make a video for this channel answering your question. [email protected]

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Scott Groves - Loan Officer with Movement Mortgage as of the time of publication of this video. NMLS #365178 - https://lo.movement.com/scott-groves/...

CA-DOC365178, NV , FL-LO86563, TX | Movement Mortgage, LLC supports Equal Housing Opportunity. NMLS ID# 39179 (For licensing information, go to: www.nmlsconsumeraccess.org) | 877-314-1499. Movement Mortgage, LLC is licensed by CA Department of Business Oversight under the California Residential Mortgage Lending Act # 4131054, FL # MLD1360, TX,NV # 3401. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits. "Movement Mortgage" is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company. 8024 Calvin Hall Rd, Indian Land, SC 29707.