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Lennar's Project Dream Home Could Be Your Ticket To New Home Ownership!

Great News! Lennar's Project Dream Home Can Help You Prepare For Home Ownership!

Here are some tips for saving up for the payment you will be able to put down.

We are happy to offer you great tips on saving for your down payment. Typically, the most popular financing programs Lennar is offering in the Central Valley is with FHA loans, which require only 3.5% down. In addition, down payment assistance may be available to qualified buyers which may pay most of your down payment for you. A down payment on your first home is more important today than ever before. But sometimes saving is difficult. Don’t let that deter you. With the right advice, a down payment can be very doable. We can help you re-think your budget and find ways to save.

  • Determine how much you need, and when you need it. Setting an amount and a deadline will help keep you motivated.
  • Create a separate savings account for your down payment. You will be less tempted to spend it if it’s among accounts you access regularly.
  • Save automatically. Take your savings right off the top of every paycheck and deposit automatically into your savings account. If you don’t see it, you won’t miss it.
  • Lower large monthly expenses. As you get closer to your savings goal, make an effort to slash or eliminate large monthly expenses, freeing up money for savings.

If you'd like more information about down payment assistance, why it makes more sense to buy vs. rent, how to shop for a new home, our credit repair program or how to overcome a bankruptcy, short sale or foreclosure, please give me a call at 559-213-3550 and I'll be happy to answer your questions. I can explain all of our programs in a way that's understandable and I can work up a plan for you to acheive your dream of owning a new Lennar home soon! I hope to hear from you very soon!

Posted Thursday Jan 12