|The amount of cash that is necessary depends on a number of items. Generally speaking, though, you will need to supply:
Earnest Money: The deposit that is supplied when you make an offer on the house
Down Payment: A percentage of the cost of the home that is due at settlement
Closing Costs: Costs associated with processing paperwork to purchase or refinance a house
All of these numbers will vary depending on the loan product, the property choosen, and your qualifications as a borrower. Generally the more money you have available the more chooses you will have. The best way to determine how much money you need is to call us to discuss your options. We can offer many money saving tips that can cut the cash you need to buy a home by thousands of dollars.