Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho October 4, 2024

20% Down Payment vs. Mortgage Insurance

When it comes to buying a home, one of the biggest decisions is whether to save up for a 20% down payment or opt for mortgage insurance. While a 20% down payment has traditionally been the gold standard, mortgage insurance is becoming an increasingly viable option for many buyers. Here's a closer look at both paths to help you determine which is right for you. The 20% Down Payment: Stability and Long-Term Savings A 20% down payment has long been viewed as a smart financial move, and for good … [Read more...]

Filed Under: Homebuyer Tips Tagged With: Down Payment Options, Home Buying Tips, Mortgage Insurance

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