Tag Archives: Down Payment
20% Down Payment
Having 20% downpayment towards a home purchase is the ideal amount for financed loans, even 25% can beĀ preferableĀ for jumbo loans. Up to this point that percentage has been seen as ideal not mandatory, depending on other circumstances. There had been … Continue reading
Posted in Mortgages, Scottsdale
Tagged Down Payment, financing, mortgages, regulation
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Banks Demanding Higher Down Payments
An interesting article today in the WSJ about the current state of down payments in the mortgage market. The median down payment in nine major U.S. cities rose to 22% last year on properties purchased through conventional mortgages, according to … Continue reading
Posted in Market Analysis, Mortgages, North Scottsdale
Tagged Down Payment, Lease Purchase, mortgages, Owner Cary
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