Money Matters: Down Payments

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Over half of renters in the United States believe owning a home is more affordable than renting.

What is some advice when it comes to down payments?

Decide how much payment is needed
Talk to home lender about qualification
Set up a savings plan

Are there zero percent down payment options?

0% options for active and veteran service members
As low as 3% for general public
Higher the down payment the lower the monthly payment

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