The Downing Group Blog

Here’s what you need to know about putting 20% down for a home purchase.   If you’re in the process of saving up for your first home, you’ve likely heard the rule that you should have a 20% down payment. However, that’s not always the case unless specifically required by your lender. Contrary to popular… Read more »

Explaining the importance of prequalification in the homebuying process.   Today, I’m diving deep into the topic of prequalifications. What is a prequalification letter and what are the steps you need to take to get one? I’m here to explain the instrument and the process in detail. What does a prequalification do for you and… Read more »

Explaining the truth behind the rise of foreclosure activity.   Have you seen the headlines about foreclosures rising? While they’re technically true, they don’t give you the full picture. Let me share with you the reality. In the video above, there’s a graph that shows even though foreclosure activity has grown, it’s still below pre-pandemic… Read more »