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Michael Chad Smith

Michael Chad Smith

Senior Loan Officer
Movement Mortgage
NMLS ID # 397711
100 Pavilion Way, Ste D, Southern Pines, NC 28387
Dial Phone Number
p: (336) 207-8466
f: (336) 306-5089
Send E-mail to
e: chad.smith@movement.com

Movement Blog

House down payment

August 22, 2019

What is a down payment on a house?

Oh, the beloved down payment. Rumor has it that you have to save up 20% of the house cost for a house down payment. Is that really true though? What is a down payment even for? If you've been wondering what is a down payment on a house,...

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Michael Chad Smith
Michael Chad Smith
Senior Loan Officer
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100 Pavilion Way, Ste D, Southern Pines, NC 28387
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NMLS # 397711

State License #NC-I-151386