“NO, You Don’t Need 20% Down!”
We are blown away by the misinformation we have been living with for years. How foolish on our part, thinking that we need 20% down to purchase a home. We would not have known any better if we hadn’t read one of your blogs, thank you thank you!
I hate to tell you how many friends we have that think the same thing. We will be sending all to you as well.
I have written about this topic so many times. I am constantly amazed when I interact with folks who think they need 20% down to purchase a home. In fact, there are mortgage programs available that require NO money down, VA & USDA. FHA requires 3.5% down and conventional mortgages as little as 3% down.