Smaller Down Payments: A Viable Option

Discover the pros and cons of a twenty percent down payment versus a smaller down payment. While a larger down payment can lead to better mortgage terms and avoid PMI, it may also delay your homeownership due to longer saving time. However, with various low down payment options like conventional, FHA, USDA, and VA loans, along with assistance programs, you can buy sooner and potentially benefit from home equity growth. Consider your financial situation and consult with experts to make an informed decision.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.