Your Money: A Smaller Down Payment, and No Mortgage Insurance Required
Filed under Personal Finance
Traditionally, home buyers needed a 20 percent down payment to avoid the added cost of mortgage insurance. Now there are several ways to get around that.
Michele and Kristian Klein with their 6-month-old daughter, Kayla, in the home they bought with the help of a piggyback loan.
Michele and Kristian Klein with their 6-month-old daughter, Kayla, in the home they bought with the help of a piggyback loan.
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