When applying for a mortgage, the down payment is your contribution toward the purch… | Real estate marketing plan, Real estate tips, Real estate marketing strategy
When applying for a mortgage, the down payment is your contribution toward the purchase and represents your initial ownership stake in the home. The mortgage lender provides the rest of the money to buy the property. Lenders require a down payment for most mortgages. However, some types of loans backed by the federal government, like VA loans, may not require down payments. #joepratherrealtor#whosnextrealestate#realestateagent#RealEstateInvestor#realestatelife#realestatemarketing
