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Randy Porter headshot with transparent background

Randy Porter

Market Leader
Movement Mortgage
NMLS ID # 120175

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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Randy Porter headshot with transparent background
Randy Porter
Market Leader
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2200 Sixth Avenue, Ste 100, Seattle, WA 98121
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NMLS # 120175

State License #WA-MLO-120175