• #MoneyMindset = Surviving the Housing Market: Tips for the Middle Class

  • Aug 5 2024
  • Length: 1 hr and 5 mins
  • Podcast

#MoneyMindset = Surviving the Housing Market: Tips for the Middle Class

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  • Summary

  • On this episode, we discuss what it takes to be considered in the top 5% of income earners in the U.S., Americans need to make at least $340,000 annually, with the lowest threshold in West Virginia and the highest in Washington, D.C. at $720,000. The highest-earning states are primarily located on the East and West Coasts. Despite these high income requirements, there are options for those looking to buy a home with no down payment through VA loans and USDA loans. Additionally, some banks offer down payment assistance, covering up to 2% of the required 3% for eligible borrowers.
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