Down Payment: 5% vs 20%

One of the most common questions I get is about the down payment. More specifically how much is needed for the down payment. While most people think it's 20%, that's not true. Take a listen to the video to hear the advantages and disadvantages of putting down the full 20% vs a smaller amount.

PLUS: When you’re ready… here are 3 ways I can help you obtain the best mortgage loan to fit your lifestyle

1 - Experts agree - first, find out what your bottom line is The first step for any buyer is to find out how large a mortgage you’d qualify for and what you can expect as an interest rate. It doesn’t cost anything to consult with a professional like Toby. Take a few minutes to fill out her online mortgage application and see where you stand - https://bit.ly/TMFMortgageApplication

2 - Avoid making a disastrous mortgage financing mistake If you’re the type of person who likes to do their own research first before jumping into something, here’s the perfect solution. Toby has written an ‘easy-to-read’ report entitled Unlocking Mortgage Secrets For Home Ownership and you can download it as a PDF for free - https://bit.ly/UnlockingMortgageSecrets

3 - You’re encouraged to focus on helpful advice To help you make the best-for-you decision on what type of mortgage and interest rate you should choose, become knowledgeable on what professionals in the field are saying about updated qualification restrictions and interest rate trends in our current mortgage market. You can read about actual client experiences or watch short, informative market update videos on Toby’s blog - https://bit.ly/TobyLynnNews