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Lori Schramek

Lori Schramek

Loan Officer
Movement Mortgage
NMLS ID # 1592042

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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Lori Schramek
Lori Schramek
Loan Officer
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700 Montgomery Hwy, Ste 210, Vestavia Hills, AL 35216
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NMLS # 1592042

State License #AL - 67191, MD - 1592042