8 Common Misconceptions That First-Time Home Buyers Have
Realty Biz
JUNE 15, 2022
But with a downpayment less than 20%, a lender typically requires the buyer to take out PMI — which generally costs between 0.4% PMI can be removed once the homeowner has paid down enough of the loan’s principal. Student Loan Debt Must Be Paid off. Your Credit Score Must Be Excellent.
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