HousingJul 31, 2019
NewmlWO21

Does your company support down payment for buying a house?

Just wanted to know if any comapnies offer that as a perk?

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Walmart cmb88 Jul 31, 2019

Doesn’t support down payment but Walmart has a home sale bonus of $10,000 (provided you do not use temporary housing expenses beyond the $5,500 they provide.) They will pay for home inspection though for a new purchase.

Google $e^{i\pi}$ Jul 31, 2019

Yes, that was an option in my relocation package

Google FudgMuppet Jul 31, 2019

Jesus. What level are you?

Google $e^{i\pi}$ Jul 31, 2019

Just L4 SWE

Microsoft gkb2 Jul 31, 2019

What does that even mean? Like they'll give you extra cash if you're trying to buy a house?

Facebook public2 Jul 31, 2019

Yes many tech companies offer assistant with closing costs etc.

Google əๅɓoo⅁ Jul 31, 2019

FB used to give you 15K (?) for moving close to the campus, but I think not anymore.

Netflix 𝖗𝖒-𝖗𝖋 * Jul 31, 2019

Not down payment. Help with closing costs on the buy side and sometimes paying for the cost to sell on the seller side. I got this. But not down payment. Obviously this was negotiated as part of the offer.

Netflix lNke12 Jul 31, 2019

How long ago was that? Is it the policy?

Netflix 𝖗𝖒-𝖗𝖋 * Jul 31, 2019

Not a policy. This was about 5 years ago at another company. Got about $140k benefit from this, which is nice except there’s not tax gross up and no taxes were withheld, so I had a pretty substantial tax bill.

Yelp bbtea Jul 31, 2019

Tencent in China did