The Myth of the 20% Down Payment

You may have been told that you should put down 20% to buy a home. This may give you more choices and let you avoid private mortgage insurance, but this large amount may not be prudent, or necessary, in all circumstances. Some experts advise keeping your mortgage down payment small — a strategy that sets you up so you’ll be better assured of liquidity when life happens.  

Dane Grytness, Realtor

Call Dane Grytness 707-502-9090 to learn more about home buying.