Mortgage 101 (Buying Your First 2- to 4-Flat) #9

By
Real Estate Agent with Chicagoland2to4Flats.info

2b. Down Payment

Your first mortgage choice is:

20% down. With 20% down you avoid PMI and have a lower monthly payment, but this is NOT an option that many first-time buyers have the resources for!

Visit our website to read more about Chicago multi-family homes with two or more flats.

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