Many people still believe you need 20 percent for a down payment to qualify for a mortgage. With student debts and high rent, some first-time home buyers struggle with saving for a 20 percent down payment.
Many people still believe you need 20 percent for a down payment to qualify for a mortgage. With student debts and high rent, some first-time home buyers struggle with saving for a 20 percent down payment.
Topics: low down payment, down payment myths, down payments, saving for a down payment
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GO Mortgage is a DBA of GSF Mortgage Corporation, NMLS ID #1018, NMLS Consumer Access