While it may seem daunting, here are some tried and true tips to get you into your new home sooner.
1. Automate: Deposit a portion of your paycheck every month into a separate savings account to be used only for your down
2. Raises & Bonuses: Consider putting aside incremental earnings towards your down payment savings plan
3. Windfalls: Gifts, tax returns, inheritances are also perfect opportunities to build your down payment account.
4. Keep the car, save the payment. Paid off your car? Resist the urge to buy new and instead save the monthly payment.
And don’t forget, when you use our free HomeAdvantage® program and approved network of real estate agents, you’ll earn Cash
Rewards* – an average of $1,500 at closing!
Program Disclaimer *The HomeAdvantage® program is made available to you through a relationship between Washington Gas Light FCU and CU Realty Services. Cash Rewards are awarded by CU Realty Services to buyers and sellers who select and use a real estate agent in the HomeAdvantage network. Home buyers or sellers are not eligible for Cash Rewards if they use an agent outside this network. Using Washington Gas Light FCU for a mortgage is not a requirement to earn Cash Rewards. Cash Rewards amounts are dependent on the commissions paid to the agent. Washington Gas Light FCU may have specific rules on how your Cash Rewards will be paid out. Cash Rewards incentives are available in most states; however, are void where prohibited by law or by the lender. Please consult with your credit union to get details that may affect you.