INFOGRAPHIC: 6 Tips For Saving for a Down Payment

Saving for a down payment is one of the biggest obstacles most people face when it comes to buying a home. FHA loans are available with as little as 3.5 percent down and VA and USDA loans even offer no-down-payment options for qualifying borrowers, but outside of those alternatives there is still a need for a substantial down payment in most cases. 

Just like any savings effort, the key to saving for a down payment is to get started. Then make saving a habit. We've put together the handy infographic below to help guide people along the way. If you are a financial professional or Realtor, feel free to share this with your clients. If you are a prospective homebuyer, keep this information in mind as you work to achieve the home ownership dream.

You can also download this infographic as a PDF if you would like.