Do I really need a 20% down payment to buy a home?
Posted On: October 28, 2025 by Prevail Bank in: Banking / Money Management, Home Loans
Do I really need a 20% down payment to buy a home? What is a Down Payment?
A down payment on a home is simply a percentage of the home’s total cost that a buyer has to pay up front at closing. Saving enough money for a down payment on a home can be challenging. This is one of the largest issues many homebuyers face when applying for a mortgage loan.
How much is required as a Down Payment?Minimum down payments are typically based on three sets of criteria:...
Prevail Will Double Your Donation — Dec 2 is Giving Tuesday
Posted On: October 23, 2025 by Prevail Bank in: Banking / Money Management, Community
Prevail Will Double Your Donation — Dec 2 is Giving Tuesday
(2025) Giving Tuesday is December 2. It’s a day dedicated to helping those less fortunate. At Prevail Bank, we’re thrilled to kick off the holiday season with our own way of giving back—through our Holiday Matching Funds campaign!
From November 10 to December 5, each of our nine branches will collect public donations for nine local nonprofits. And, for every dollar you donate,...
