True or False? You need a 20% down payment to buy a home.
False! 🙅♀️
While a 20% down payment can help you avoid private mortgage insurance (PMI), it's not a requirement. Many loan programs allow you to put down as little as 3%—and some even offer zero-down options!
If you're thinking about buying but feel held back by the down payment myth, let’s talk. As a trusted realtor in Commerce Township, MI, I can help you explore all your options and connect you with lenders who fit your needs. 🏡💬