When it comes to buying a home, the thing most people think about is the cost of the home. They want to buy a home that is within their budget, but they also want to get a home they love, in a great location. Sometimes all those things come together, and other times they don't. Sometimes, homebuyers walk away, wait for other options, or decide that they can sacrifice one of the things they like or want in order to get the rest of the things on their list.
No matter where you are in the home buying process, making sure there is a budget for closing costs is important, since that can help avoid any financial surprises right before closing.
What About No Down Payment Loans?
Some loans are advertised as having no down payment. While that is…