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One of the biggest misconceptions with purchasing a new home is that you need a large down payment. The truth is many loan programs will allow a borrower to qualify for a mortgage with as little as zero down.  

Unfortunately, buyers frequently miss out on purchasing opportunities and lose significant potential equity by waiting years to come up with 10% to 20% down. There are other options for obtaining the mortgage payment a buyer needs that may be better for the specific budget and lending scenario. 

This scenario is for example purposes only. To receive a custom analysis please call or apply now.