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Michael Hoiland Headshot

Michael Hoiland

Loan Officer
Movement Mortgage
NMLS ID # 450859

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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Michael Hoiland Headshot
Michael Hoiland
Loan Officer
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5500 W. Chandler Blvd. Suite 3, Chandler, AZ 85226
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NMLS # 450859

State License #AZ-1028503, ID-MLO-2080450859, WA-MLO-450859