How to get help making a down payment and finally own your dream home

Owning your own home is part of the American dream. In fact, according to a new survey of 2,000 Americans commissioned by Unison, 77% agree that buying a home is a good financial decision. So, why are home ownership rates at an all-time low?

“In Los Angeles, for example, 42% of those surveyed believe that saving for a down payment is the biggest financial barrier to home ownership,” Unison Real Estate Educator Lara Watson explained.

In today’s real estate market, future homeowners are looking at about a 20% down payment when buying a home – making the dream of homeownership out of reach for some. But the good news? Unison is making this financial costs less burdensome with a new program called Home Ownership Investment.

This program doubles the buyers own down payment which removes that mortgage insurance stipulation and increases purchasing power Рallowing buyers to comfortably afford that home they really want.

To learn more about how you can make your dream home a reality, watch the full segment below or see it air nationwide on California Life with Heather Dawson.