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I used to think a 20% down payment was the only way to buy a house
For years I saved every extra dollar, watching prices in my city climb way faster than my savings. Then a loan officer told me about an FHA loan that only needed 3.5% down, and I closed on a condo last month. How many other people put off buying because they believed the old 20% rule?
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dakota_taylor3920d ago
My friend did that for like a decade, honestly.
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patp7920d ago
Wow, @dakota_taylor39, but what did they get out of it?
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