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July 09, 2005
Home Loan Tips For People With Bad Credit
I'm surprised that some realtors don't advertise the price of a home these day, just the down payment and interest-only loan payments.
If you are buying a home, know the home’s price and how much you plan on putting down. Most mortgage lenders require at least 10% for people with poor credit, but 20% down will help you avoid private mortgage insurance, saving you hundreds a year.
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Posted on July 9, 2005 09:46 AM by mortga184.
Filed in Mortgage Calculator under mortgage insurance.
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