We still hear it all the time….I need to save 20% for a home down payment.
The truth is, many mortgage programs do not require a 20% down payment. Just a few examples:
- VA Loans
- FHA Loans
- HomeReady Loans
Each program has different guidelines, many change frequently, depending on government funding available, and best fit different buyers. This is why it is critical to talk to a mortgage professional about your specific situation and down payment needs, and not make decisions based on misinformation or fear of private mortgage insurance.
Here, at the Jeff Stempler Team, we strive to know you and your goals, so that you can make a well-informed, educated decision about your home purchase. We want you to buy the house of your dreams with confidence!
Read what our clients say about their experience:
“Jeff communicated excellently and was very fair and helpful. He knew the best assistance programs to use and helped me with a lot of what-if scenario questions I had. I recommend him to others.” -GH, Washington, MD
“Working was Jeff Stempler was amazing and ridiculously easy! We were very nervous going into the mortgage process due to getting into a mortgage previously with another lender that wasn’t right for us which eventually caused us to lose our house. Jeff walked us through each step of the entire mortgage process, explaining everything and was always eager to answer any questions we had. He was very conscious of making sure we were comfortable with each step before going forward. Him and his entire team communicated with us frequently and updated us regularly. Everyone was very friendly and patient with us. I would very definitely recommend Jeff Stempler and his team to my family, friends and anyone looking to buy a home!” – ATM, Poolesville, MD