02/18/2025
Debunking Common Myths About Buying a Home : One of the biggest myths about buying a home is that you must have a 20% down payment. While a larger down payment can reduce your mortgage payments and eliminate the need for private mortgage insurance (PMI), many lenders offer loans with as little as 3-5% down. Government-backed loans, like FHA and VA loans, even provide options with lower or no down payment requirements.
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Norma Bonham
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