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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