Unlock Homeownership: Easy Down Payment.

Discover the path to homeownership with ease by exploring our flexible down payment options, making buying your dream home more attainable than ever before.

At Ameritrust Mortgage, we understand that the down payment is a crucial aspect of the home buying process. It represents the initial lump sum of money you pay upfront and plays a pivotal role in your journey to homeownership. Here's a breakdown to help you and your customers understand this concept:


What is a Down Payment?

A down payment is the portion of the home's purchase price that you pay from your own funds, rather than borrowing. It's typically expressed as a percentage of the total price.

Are they important

Why are Down Payments Important?


Reduces Loan Amount

A higher down payment means borrowing less, resulting in lower monthly mortgage payments.


Better Loan Terms

A substantial down payment can lead to more favorable mortgage terms, such as lower interest rates.


Equity Building

Paying more upfront means having immediate equity in your home, which can be beneficial for future borrowing or selling.

Cash-Out Refinancing Offers Homeownerships the Opportunity to tap into their Home’s Equity while Securing a new Mortgage with Potentially better Terms.

Let’s explain the benefits and advantages of Cash-Out Refinancing & how it could be the financial you are searching for.

The Right Amount

How Much Should You Put Down?

  • The 'standard' down payment is often considered to be 20% of the home’s purchase price. However, this can vary based on loan type and lender .

  • Lower down payments are possible, especially with certain loans like FHA loans, which can go as low as 3.5%. However, lower down payments often require private mortgage insurance (PMI), adding to your monthly costs.


How to Save ?

Saving for a Down Payment



Determine a realistic amount to save each month towards your down payment.


High-Interest Savings Account

Consider saving in a high-interest account to maximize your savings.


DP Assistance Programs

Explore local and federal programs aiding first-time homebuyers with down payments.

Additional Costs to Consider

    Apart from the down payment, remember to factor in closing costs, home inspections, and moving expenses into your budget.

    Long-Term Impact

      Consider your long-term financial goals and lifestyle. While a larger down payment may strain your savings initially, it reduces debt and offers potential long-term financial benefits.

      Financial Preparedness

      Assess your financial situation and determine how much you can comfortably afford to put towards a down payment without compromising your overall financial stability.

      Savings Strategy

      Develop a savings plan to accumulate the necessary funds for your down payment, considering your budget, timeline, and potential sources of additional income or savings.

      Loan Options and Assistance Programs

      Explore various loan options and down payment assistance programs available through lenders like Ameritrust Mortgage to help you achieve your homeownership goals with manageable down payment requirements.

      Have Questions?

      Curious about anything?

      Below you can find the answers to frequently asked questions.

      Swift Support

      Anything Unclear or Need Some Help? Relax, We Are Here for You 24/7

      Relax and take comfort in knowing that our 24/7 support ensures you're never alone on your financial journey.

      Customer Service

      Please provide your query, and we will assist you as quickly as we can.

      Contact Us

      Contact us for timely assistance, & we’ll be glad to help.

      Get started now on your financial goals

      Provide some basic information and we'll match you with a loan option and mortgage rate that meet your needs.


      Stay Connected

      +1 ( 888 ) 499 - 9060

      Address: 17341 Irvine Blvd.,

      Suite 285, Tustin, CA 92780