Do You Really Need 20% Down to Buy Your First Home? Here’s What You Should Know
You don’t need to put down 20% to buy your first home — there are other options worth considering. 1. 20% Down Payment A 20% down payment is the traditional approach and avoids mortgage insurance, but it’s not the only choice. Putting down 20% on a $500,000 home means bringing $100,000 to closing. This reduces […]
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