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All About Down Payments

All About Down Payments

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In this episode, we cover the 5 elements of down payments and how they affect your mortgage:

1. What is the minimum down payment?

2. What is mortgage default insurance?

3. Why do rates change with a higher down payment?

4. How do gifted down payments work?

5. Can I borrow my down payment?


If you want to know more about your situation, or want a questions covered on a future episode, email me at michelle.evans@theplacetomortgage.com

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