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Read up on down payments

Author: Staff
Publication date:
February 21, 2020
Article Summary: 

The blog post explains the concept of a down payment, which is the initial payment made towards the purchase of a property, usually a percentage of the total purchase price. It goes on to describe the different factors that can affect the down payment required for a home purchase, such as the type of mortgage, the purchase price of the property, and the buyer's credit score. The post also explores the benefits of making a larger down payment and provides tips for saving for a down payment. Overall, the post aims to help readers understand the importance of down payments when buying a property and how to navigate this aspect of the home-buying process.


down payment, property purchase, mortgage, purchase price, credit score, savings.

Source Citation: Staff
Read up on down payments
February 21, 2020
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