Buying a Home vs Renting a Home

Buying a home is a big commitment, but it can also offer big rewards. Since you have to pay to live somewhere, why not turn this expense into a savings account through home ownership? And with little or no money down options, you could start today.

As you can see from the Buy vs Rent scenario above, renting a home produces $0 net gain. On the other hand, buying a home can turn your living expenses into tens or hundreds of thousands in net gain over time. The key is time. It’s best to have a long-term plan (at least 5 years) to stay in the home or rent it once you move out.

If you are considering your first home purchase, click here for a list of the 5 things you need to do to get ready to buy your first home.

No Money Down Options

How much money do you need to put down when buying a home? A lot of people think you need 10% to 20% of the homes purchase price. That’s a lot of cash. Intercap Lending offers a variety of little to no-down payment options.

I saw this advertising that they could get me in with no money down on a new home! I was like right sure but very skeptical. Never have I had such a great loan officer who bent over backwards and jump through hoops to get me into a condo. And my real estate agent was amazing how we had so much fun looking at condo after condo! It took me 29 years and 4 tries to get where I am at! Thank you Intercap for all your hard work to get me into a new home!!! Gotta say I love you guys!!!!

Reviewed by Anna Adams – See More Reviews

Find out how little you need to put down on a home.

USDA, FHA, VA, and State Housing loans are just a few of the little and no-down payment options available to homebuyers. We can help you find the right loan even if you have very little to put down.

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