Down Payment on a House: How Much Do You Really Need?
Savings Corner
DECEMBER 25, 2023
Jumbo loans: As low as 5%-10% down payment (varies) Jumbo loans are home loans that fall outside of the Federal Housing Finance Agency’s conforming loan limits. In other words, it’s the extent to which your home is an asset rather than a debt. More equity in your home right away. More equity means more wealth. Shop around.
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