Mortgage Down Payments – Everything You Need To Know Posted: 11 Mar 2014 05:00 AM PDT As most people know, the very first step in securing your mortgage is placing a down payment. A percentage of the property’s worth which acts as a deposit between you and the lender, the down payment also provides buyers with their initial home equity. Despite seeming like a simple transaction, deciding how much to invest depends on a lot of factors. Working out how much you should spend on your down payment affects your whole future mortgage in ways I will explain here, in detail, allowing … [visit DailyMarkets.com to read more] or compare Credit Card Rewards or Best Credit Cards  |
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