2024-08-29 14:33
Unpopular reality: Down Payment Assistance has hidden disadvantages.
Example: If you purchase a house with no down payment, you have zero equity. Which means you won’t be able to take advantage of lower rates as we enter the Refi boom.
This is why you should never use DPA if you can afford not to in a market like this. It’s your home for life, not your loan for life. 💎