Podcasts Culture Are down payments and closing costs the same thing? (and their impacts on buying a home)

Are down payments and closing costs the same thing? (and their impacts on buying a home)

Published: April 16, 2018, 6:27 p.m.

Wondering what the differences are between closing costs and a down payment? How do they affect you when buying a home? In this episode, we talk with Troy Champ, Mortgage Advisor with Mortgage Tree and discuss the differences between the two, how closing costs are applied when buying a home, what home builders may cover.

Prefer to watch the video or read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/are-down-payments-and-closing-costs-the-same