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Home Loans

Busted: Top 4 Mortgage Myths

Busted: Top 4 Mortgage Myths

Feb 10th, 2025

by: Regan Godderz

Banking TipsHome LoansMortgage Tips

Myth #1: You need a 20% down payment to buy a house. This is one of the most enduring myths about home ownership. After WWII, using a mortgage to buy a home became much more popular than in years past, and yes, a 20% down payment was typical. Today, we have a wide array of ...

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