FREQUENTLY ASKED QUESTIONS

How much do I need for a down payment on a home?

The amount you need for a down payment depends on the type of loan and your financial situation. While 20% is a common benchmark, many buyers put down less—some conventional loans allow as little as 3%, and FHA loans require just 3.5%. Some of our mortgage lender recommendations offer grants and other programs, which you may qualify for as well.

What’s the difference between pre-qualification and pre-approval?
How does my credit score affect my mortgage rate?
What are closing costs, and how much should I expect to pay?

Who pays the buyer's agent commission in a real estate sale?

How long does the homebuying process usually take?
Can I buy a home if I’m self-employed or have irregular income?
What’s included in my monthly mortgage payment?

What is a 2-1 buydown, and how does it work?

THINKING ABOUT BUYING?

Griffin Cook
Griffin Cook

Luxury Realtor

+1(513) 960-7448 | thecookgrouptcg@gmail.com

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