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Real Estate Questions and Answers

Real Estate Questions and Answers

What Amount To Put Down

April 16, 2019 by Rick Landuyt Leave a Comment

Q: I believe there is an amount one may “put down” in order to avoid many of the “qualifying” factors with banks…is this so? If so, what is that amount?

A: It is at least 20%, but there are some other guidelines that a buyer must meet. Contact your lender (or one that is referred to you by your agent) & look into a ‘no doc’ loan.

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