The 20 percent down payment myth


    It’s one of the most enduring myths in real estate today: You can’t buy a home with a 20 percent down payment.

    In reality, there are a variety of federal, state and even city-level programs available to help people who don’t have that much available cash. There’s also PMI – private mortgage insurance – which is designed to help home buyers who don’t have a 20 percent down payment buy a home.

    Want to know your options? Give us a call. We can help you discover all the available programs that can make a home of your own a reality!

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