Fact checked by Vikki Velasquez You’ve been dreaming of owning a home, and you’ve found the perfect one in a great ...

If you don't have the down payment money, loved ones are allowed to help. But you'll need what's known as a "gift letter." A mortgage gift letter is a notice from your donor declaring that the ...

Experts recommend a down payment of at least 20 percent. Larger down payments may prevent you from becoming upside-down on your loan. A down payment is made up of the cash you have on hand ...

Democratic presidential candidate Kamala Harris recently proposed a plan to offer first-time homebuyers $25,000 in down payment assistance. But could this help or hurt the housing market?