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Closing Costs and Down Payment Help

By Travis Wright, REALTOR®, with eXp Realty

Depending on the loan, you may need less down than you think, and closing costs can sometimes be lowered by seller help or assistance programs.

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The quick tip
  • Depending on the loan, you may need less down than you think.

  • There may be zero down for those who qualify.

  • Closing costs can sometimes be lowered by seller help or assistance programs.

Rather just talk? Text me at (580) 647-0915

Transcript

"I need twenty percent down." That one myth keeps a lot of folks renting longer than they need to.

Travis Wright here, with eXp Realty. Depending on the loan, many buyers put down a lot less than twenty percent. Some loans, like VA and USDA, can be zero down for folks who qualify.

Then there are closing costs. Those are the fees for the loan, the title, and the paperwork, paid when you close. They can sometimes be lowered by asking the seller to chip in, or through down payment and closing cost assistance programs.

The trick is knowing which programs you qualify for. That's where a good lender comes in. I work with a trusted local lender who's great at finding the options that fit you.

If there are any homes you'd like to see, just reply with the word HOMES, and I'll set up a showing.

Travis Wright, REALTOR® with eXp Realty

Travis Wright with eXp Realty

I help buyers and sellers in Lawton and the surrounding area with straight answers, honest price ranges, and zero pressure. Ask me anything. Seriously, I like questions.

OK License #206164 · 1146 NW Cache Rd, Lawton, OK 73507 · (580) 647-0915

FAQ

Frequently Asked Questions

Do I need twenty percent down to buy a home?

No, not always. Depending on the loan, many buyers put down a lot less. Some loans, like VA and USDA, can be zero down for people who qualify.

What are closing costs?

Closing costs are the fees for the loan, the title, and the paperwork, paid when you close.

Can closing costs be lowered?

Sometimes. You can ask the seller to chip in, or use down payment and closing cost assistance programs.

How do I find out which programs I qualify for?

A good lender can find the options that fit you. Travis works with a trusted local lender.

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