It’s great if you actually have 20 percent to put down on your first home, but this kind of down payment isn’t necessary by all means. Still, many prospective homebuyers believe that 20 percent down is the norm, and that could be holding them back from buying their first home.
You don’t need a 20 percent down payment to buy a home
February 21, 2017 by Mike Wheatley
Filed Under: Home Buying, Mortgage, US Real Estate Tagged With: 20 percent, down payment, homebuyers, myth