Some people feel alone in having less than 20% down on their home purchases. Well, they shouldn’t. It’s much more common that you probably realize. Since it’s so common, we also have a lot of experience in helping clients find the best way to finance their home.
Many Iowa home buyers think that they must have 20% down to avoid PMI (private mortgage insurance), but the truth is they don’t. There are many ways to structure a home purchase with less than 20% down and in this week’s update, I talk about a less known option that many Iowa homebuyers don’t realize exists!
Here’s the video:
If you or someone you know is looking to buy a home with less than 20% down, I’d love to help compare options (with no obligation). We prepare free home loan reports (value of $297) for anyone wanting to compare the numbers. Just send me an email (firstname.lastname@example.org) with the name, email and phone number and I can get the process started on a free home loan report.