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Franco Perrotta headshot

Franco Perrotta

Loan Officer
Movement Mortgage
NMLS ID # 2000455

Movement Blog

House down payment

August 22, 2019

What is a down payment on a house?

Oh, the beloved down payment. Rumor has it that you have to save up 20% of the house cost for a house down payment. Is that really true though? What is a down payment even for? If you've been wondering what is a down payment on a house,...

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Franco Perrotta headshot
Franco Perrotta
Loan Officer
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231 Union Blvd, First Floor, Totowa, NJ 07512
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NMLS # 2000455

State License #CT-LO-2000455, FL-LO113157, NJ, NY Licensed Mortgage Banker-NYS Department of Financial Services, PA-101459