How to Save-Up Enough Money for a Home Downpayment?

One of the greatest obstacles that I have seen home buyers have is saving up enough for a home downpayment so they can get a loan.

If you are having the same challenge then here are the things that you should recognize:

Typically, lenders are going to look for 5%-20% of down payment on a loan. However, there are lots of great programs available depending on your situation, your credit history, your income, are you a veteran, are you a first time home buyer, etc. that you can get in. Some cases have a zero down payment or as low as 3.5% down payment.

It really depends on the factors above and is unique to your situation.

If you want to know more, I’m happy to help you out. Send me an email at or call me at 703-562-1788 and I’ll be glad to answer specific questions for you.

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Dan Rochon

Dan Rochon is an Associate Broker in VA, Broker in MD; Owner of Rochon Investments, LLC; Owner and Co-founder of and Owner of other Joint Ventures as well as a real estate principles instructor at Moseley Real Estate Schools.

As a real estate sales agent, Dan and his team are consistently top producers in their marketplace and provide solutions for their clients. Through their investing company, Dan and Traci Rochon have been investing in residential and commercial real estate ventures for more than the past decade.

Dan and his wife Traci are frequent speakers and are often quoted in media stories about the current real estate market. The Rochon's have been featured on The Nightly News with Brian Williams, The Today Show, CNBC, The Washington Post, The Washington Examiner, WTOP News, Voted as The Best of DC Real Estate Agent in the Washington City Paper Readers Poll, and more...