The 20% Down Myth

Down payment myth wood house with calculator SouthPoint Home Mortgage

If you’re desperate to own a home of your own, you are likely saving up until you have 20% of your dream home’s total value.  All that’s great, but the fact is you don’t need to put down 20%.  The 20% myth is leftover from the era after the housing crisis, when many lenders tightened…

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