The Powell Group Real Estate Show
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Episode 25: Exposing The 20% Down Payment Myth

June 23rd, 2023

One of the biggest myths in real estate is that you have to have a 20% down payment to purchase a home. To be honest, that's a high bar for most people with today's prices and interest rate environment. Kirsten walks you through what the facts actually are; the average down payment, different types of loans that don't require 20% down, some even have zero down programs. Let's see if you can qualify for homeownership!