You Don't Need That Much of a Down Payment

Consumers believe they need 11 percent to 15 percent in order for lenders to approve them for a loan, aaccording to a survey of renters and non-home-owners



But in reality, home buyers often can qualify for a conforming, conventional mortgage with a down payment of as little as 5 percent — and sometimes even 3 percent 







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Neal Paskvan is a full time Realtor specializing in Downers grove, Darien,Woodridge, Westmont and Du page county Real Estate