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7 Mortgage Myths

Myth #1 - I need 20% for a down payment. Truth: It is amazing how many people (current homeowners, first time home buyers, and even some Realtors) still think that a buyer needs a 20% down payment to purchase a home. 20% down payment is not typically required! It does require paying Mortgage Insurance, but it's a small price to pay to . . . Read more

TOPICS: Understanding Mortgages

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