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Geoff McCloskey

Loan Officer
Movement Mortgage
NMLS ID # 128871

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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geoffrey mccloskey head shot
Geoff McCloskey
Loan Officer
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261 Chapman Rd suite 105, Newark, DE 19702
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NMLS # 128871

State License #DE-MLO-128871, MD-128871, PA-28212