“NO, You Don’t Need 20% Down!”
We are blown away by the misinformation we have been living with for years. How foolish on our part, thinking that we need 20% down to purchase a home. We would not have known any better if we hadn’t read one of your blogs, thank you thank you!
I hate to tell you how many friends we have that think the same thing. We will be sending all to you as well.
I have written about this topic so many times. I am constantly amazed when I interact with folks who think they need 20% down to purchase a home. In fact, there are mortgage programs available that require NO money down, VA & USDA. FHA requires 3.5% down and conventional mortgages as little as 3% down.
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Joe Petrowsky, NMLS #6869
Right Trac Financial Group, Inc. NMLS #2709
110 Main St.
Manchester, Ct. 06042
Office: 860 647-7701 x116
Fax: 860 647-8940
Cell: 860 836-9294
Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.
Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.