Whats The Typical Down Payment On A House

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Down payments on mortgage are usually much lower than most people think. What exactly is the typical down payment on a home? • The NAR says that the average mortgage down payment is 5% for first time homebuyers and 10% for repeat homebuyers. • But, that's not required, it's just the average... • So, how much do you need to put down on a house? Down payment, especially for first-time homebuyers are fairly low compared to the 20% down payment requirement myth. • In this video, we'll cover the down payment minimums for first-time homebuyers and repeat homebuyers alike. • 🎧 Listen To The Podcast • https://plinkhq.com/i/1493715474 • • RELATED VIDEOS • 1) Fully Prepare To Buy A House (Step By Step Guide) • • Fully Prepare To Buy A House (Step By... • 2) Minimum Downpayment For A House - How Much Do You Need? • • Minimum Downpayment For A House - How... • 3) How To Afford A House: Your Gameplan To Homebuying Success • • How To Afford A House: Your Gameplan ... • 4) How Does A Buyer's Agent Get Paid? • • How Does A Buyer's Agent Get Paid? • 5) The Complete Guide To Home Buying Closing Costs • • The Complete Guide To Home Buying Clo... • Hey, my name is Kyle and I'm a Loan Advisor serving Tennessee, Florida, and Ohio. I help you get a crystal-clear home loan so you can win the house you love. • https://www.winthehouseyoulove.com/ • -- Legal -- • NMLS# 1701021 • Motto Mortgage Alliance • https://www.winthehouseyoulove.com/ • 8900 N. Dixie Dr. • Dayton, OH 45414 • Equal Housing Opportunity

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