If you're a first time home buyer, you've probably wondered if there is a specific down payment requirement you need when buying a house. In this episode, we talk with Troy Champ, Mortgage Advisor with Mortgage Tree, and discuss what the down payment is for first time home buyers and how equity from a previous home affects your down payment.
Prefer to read and take notes? See the transcript:
http://stories.brookfieldresidential.com/homebuyersschool/down-payment-requirement-first-time-home-buyers