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20% Down is Still Not Required

August 30, 2011

Some people have asked me if it going to be impossible in the near future to get a mortgage with less than 20% down.  Although lending regulations have become more strict, this has been done to safeguard consumers and in general it is a good thing.  However, there are still viable alternatives to a 20% down mortgage.  Read more about this issue here: Dispelling the 20 Percent Downpayment Myth.

Patty Cunningham, Realtor®
Coldwell Banker Preferred
Exton, PA 19341
O.        610.363.6006
C.        610.659.4669
Lic #RS294054

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