<p>Do you know the difference between the down payment and closing costs? What about the minimum down payment requirements for each loan type? <b>Jordan O’Brien with Cardinal Financial Company</b> joins TSAHC’s Joniel LeVecque to define and provide examples of closing costs, explain various down payment requirements, and share resources for home buyers that need help with their down payment. </p>

How much down payment is required and what are closing costs?

What options are available if you need help with your down payment?

What are the different types of closing costs?

Can a seller contribute toward your closing costs?

How do you know how much your closing costs will be?

Episode 5: The Pre-Approval Process

Welcome to On the House, a podcast focusing on homeownership and the home buying process. On the House is produced by the Texas State Affordable Housing Corporation, a nonprofit that provides down payment grants and tax credits to home buyers. Learn more at www.tsahc.org.&nbsp;