Friday, May 19, 2017

[Video] BofA CEO: Introduction of standard 10% down payment mortgage would increase homeownership

As of late, lenders are focusing a lot more on changing the mindset behind the supposed 20% down payment requirement in order to help more potential homeowners. And the CEO of one of the largest banks is included in this new wave of thinking. And no, the change won’t add a bunch of risk into the market.

from Byrd Mix via byrd memphis developer

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