Bigger is Better

Sep
11
Posted by aipuser_admin
in Blog

 

BiggerIsBetter

 

A bigger down payment that is!

Mortgage insurance doesn’t cover investment properties, thus requiring  least 20% down to secure traditional financing. If you can put down 25%, you may qualify for an even better interest rate.  So go BIG down payment!

If you are unable to make a BIG down payment, there are options like obtaining a second mortgage on the property.

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