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Michael Wessels Headshot

Michael Wessels

Branch Manager
Movement Mortgage
NMLS ID # 476421

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 Wessels Headshot
Michael Wessels
Branch Manager
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312 East Stein Highway, Seaford, DE 19973
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NMLS # 476421

State License #DE-MLO-476421, MD-476421