E-Close and Down Payment Options

Let’s start with your down payment—you’ll need to decide how much of the home’s value to pay up front to determine your final closing amount. Although the general recommendation is to put 20% down, that’s far from your only option. If you can afford to pay more, you’ll build equity faster. If cash flow is an issue, however, or you’d like to keep some in reserve, you may qualify for as little as 3.5 to 5% down. Our VA and USDA loans offer no down payment options to those who qualify.

We’re proud to say Envoy’s E-Close process makes everything as easy as possible. You’ll receive your closing package via email, read and sign documents from your computer or smartphone, and close in no more than 15 minutes. Our customers have found that E-Closing is the fastest, simplest way to close on their home and get keys in their hands.

Any other questions about how Envoy can improve your closing process? Let your loan officer know!