Earn Some Extra Money for Your New Home's Down Payment | Red Rock Mortgage Knoxville

Our team at Red Rock Mortgage Knoxville understands how ready you are to be in a new home. Unfortunately, though, the house search doesn’t end when you find the home of your dreams.

To take the last steps on the path to home ownership, you need to have enough money to cover your down payment. Not quite there yet? Summer is a great time to earn money to cover the costs of your down payment.

Extra Income = Down Payment for New Home

The following are ways to help you earn some extra income this summer to help cover the costs of the down payment that comes with your new home.

First, we all have opinions. Therefore, why not get paid for them? There are websites and companies that will pay you as much as a couple hundred dollars for your opinion on a wide array of topics.

Second, you could take up a part-time position as a tour guide. There are a number of different attractions right here in the Knoxville area. Take advantage of your knowledge and love for the city by taking people on a paid tour to help show them all the Knoxville area has to offer for both adults and children alike! Who knows the city better than you—someone wanting to purchase a house and plant roots in Knoxville? Plus, you never know what new things you could learn about the city.

Finally, tutoring is also another great option. And the best part is that you don’t have to be a teacher to be a tutor. All you have to do is be knowledgeable in the field of study the student needs to be tutored in. For example, if you are an accountant, you could tutor a student in math. Many times, parents use the summer months as a chance to help their kids catch up on a subject they didn’t learn as well as needed throughout the school year. This can be a great opportunity to help both a student and your down payment fund.

When you’re ready to make your home purchase, we’ll be there—before, during and after. Visit the Red Rock Mortgage Knoxville website to learn how we can help you through the mortgage approval process that comes with buying a home.