This is often done with no regard to your financial interest and potential for losing your hard earned
earnest money deposit while in escrow if your loan will not approve.
Not exact matches
While loan programs are available with low down payments of 3.5 % to 5 % — and a few programs offer no down payment at all — you'll still need some savings to pay for closing costs, moving expenses and an
earnest money deposit on a home.
While a larger
earnest money deposit can help make your bid stand out, there are other methods to stave off competition.