Ever heard you need to put 20% down to buy a

home?  Or, that you should?  Where’d that idea come from?  Read on, to learn

why.  Very good article, with lots of stuff even I didn’t

know.


Ever been told that you need to make a “20% downpayment”

on your home to get the best rates?  Or that putting anything less than 20% down is

risky?

Contact me to find to set up an appointment to start your Boston condo buying process.

Boston condos

Boston condos for sale

SEARCH BOSTON CONDOS FOR SALE

For more information please contact one of our on-call agents at 617-595-3712.

Updated: January 2018


This is one of my favorite mortgage myths and I’ll spend

some time explaining why we have all believed that “20% down” is the best way.  It

all comes down to the perceived risk of the lender.

Complete article:

The

Origin of the 20% Downpayment Myth – by Dan Green, “Mortgage Reports”

blog

Call Now