Why Larger Down-Payments Pay Off

There are five (5) compelling reasons to make a large down-payment when purchasing a home:

1. You’re more like to be approved
2. Your interest rate will be lower
3. Your monthly mortgage payments will be lower
4. You won’t need mortage insurance (PMI)
5. You will be protected from falling into a negative equity (short sale) position.

Read the full article in RE-Insider.

p.s. Please contact me if you would like help finding the lender that best suits your needs.

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Monique Bryher | Broker-Associate/Realtor® | A Specialty Real Estate Practice | monique.bryher@gmail.com | 818-430-6705

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