Even with less than 20% down, you don’t have to pay PMI!

by Tyler Osby on June 2, 2013

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:

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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 (tyler@tylerosbyteam.com) with the name, email and phone number and I can get the process started on a free home loan report.

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