In this episode, we discuss the differences between down payment and closing costs and how they affect buying a home. 💬 Remember to get your FREE guide from the experts before buying your next home: http://stories.brookfieldresidential....

About this video:
Wondering what the differences are between closing costs and a down payment? How do they affect you when buying a home? In this episode, I talk with Troy Champ, Mortgage Advisor with Mortgage Tree, and we discuss the differences between the two, how closing costs are applied when buying a home, what home builders may cover. Finally, we also look at differences between the two regarding new and resale homes.

Watch to learn more about CLOSING COSTS:
   • New home closing costs explained: Wha...  

Watch to learn more about DOWN PAYMENTS:
   • How much does a first time home buyer...  

Watch to learn more about the MORTGAGE APPROVAL PROCESS:
   • How does the mortgage approval proces...  

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http://stories.brookfieldresidential....

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📔 If you want to learn more about down payments, watch other videos in the playlist:    • What to know about down payments for ...  

🎓 Get educated on the home buying process:
http://stories.brookfieldresidential....