Are you a first time home buyer? If so, what are your biggest challenges to realizing your SF Bay Area home ownership?

Asked by David Harvey, Palo Alto, CA Mon Dec 16, 2013

Help the community by answering this question:

+ web reference
Web reference:


Robert Spino…, Mortgage Broker Or Lender, Mill Valley, CA
Tue Dec 17, 2013

Most of the buyers with whom I work would tell you that coming up with the down payment is the biggest hurdle. And, of course, there are still many buyers who think they need to come up with at least 20% to buy.

In the Bay Area and much of CA, we are actually able to permit 10% down to a purchase price of $1.5MM with some of our programs.

Rob Spinosa
0 votes
Search Advice
Ask our community a question

Email me when…

Learn more