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A Third of Home Buyers Believe a 20% Mortgage Down Payment is Required – but it’s not!

A Third of Home Buyers Believe a 20% Mortgage Down Payment is Required – but it’s not!

by Omega Lending Group | May 9, 2019 | Mortgage News, Real Estate

In an attempt to better understand the thinking of home buyers, particularly as it relates to where and how they view mortgage down payments, Freddie Mac has released some interesting data. As the headline shows, many potential home buyers don’t fully understand...
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Omega Lending Group is a local mortgage lender based in Royal Oak, MI serving Michigan home buyers and home owners. At Omega we believe that obtaining a mortgage or refinancing a home loan should be a smooth and easy process driven by real people, not algorithms or chat bots.

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