Beware of Low Down Payments

First-time buyers can borrow with little down, but that may not be wise

Financial planners warn: "Borrowers should not overlook the true measure of home affordability: monthly cash flow."

Is your down payment going to affect your cash flow in the end? Check out this article to see what they suggest.

http://www.cnbc.com/2016/09/02/homebuyers-beware-of-banks-offering-too-much-cash.html

 

 

 

Posted on September 7, 2016 at 9:01 am
Fort Collins | Category: Blog, Mortgage | Tagged , , , , , , , , , , , , , , , , ,

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