You’ve most likely heard the rule: Save for a 20-percent down payment before you buy a home. The logic behind saving 20 percent is solid, as it shows that you have the financial discipline and stability to save for a long-term goal. It also helps you get favorable rates from lenders.

But there can actually be financial benefits to putting down a small down payment—as low as three percent—rather than parting with so much cash up front, even if you have the money available.


The downsides of a small down payment are pretty well known. You’ll have to pay Private Mortgage Insurance for years, and the lower your down payment, the more you’ll pay. You’ll also be offered a lesser loan amount than borrowers who have a 20-percent down payment, which will eliminate some homes from your search.


The national average for home appreciation is about five percent. The appreciation is independent from your home payment, so whether you put down 20 percent or three percent, the increase in equity is the same. If you’re looking at your home as an investment, putting down a smaller amount can lead to a higher return on investment, while also leaving more of your savings free for home repairs, upgrades, or other investment opportunities.


Of course, your home payment options aren’t binary. Most borrowers can find some common ground between the security of a traditional 20 percent and an investment-focused, small down payment. Your trusted real estate professional can provide some answers as you explore your financing options.

Would you like a list of great local lenders to contact? You can find them on my website here _________.

I’m here to help! Contact me anytime.

Jennifer Bailey

Cinco de Mayo Party? Bring some Crock Pot White Queso Dip


Courtesy of thecountrycook.net

I recently attended a Cinco de Mayo Party and volunteered to bring some delicious Crock Pot White Queso Dip.  Well… I have never made this before so I did the next thing anyone would do and Googled a recipe 🙂   This one did not disappoint.  Enjoy!

Prep Time 10 min | Cook Time 2 hours | Total Time 2 hrs 10 mins

Course: Appetizer
Cuisine: American
Servings: 10
Calories: 400 kcal
Author: Brandle @ The Country Cook


  • 2 lbs VELVEETA queso blanco cheese
  • 1 cup milk
  • 2 tbsp butter
  • 1 4-oz can diced green chilies undraine
  • 2 tbsp diced pickled jalapenos <–optional I didn’t use these
  • 1/2 tsp taco seasoning
  • 1/4 tsp garlic powder


  1.  Cut cheese into cubes then place into a  mini slow cooker.
  2. Pour in milk and add butter.
  3. Pour in can of undrained, diced green chiles.
  4. Finely chop jalapeno peppers and add to slow cooker.
  5. Add in taco seasoning and garlic powder.
  6. Give it all a gentle stir and put the lid on.
  7. Turn it on low for about 2 hours.
  8. Stir occasionally.


Or you can warm it up on high for about an hour (making sure to stir occasionally.)