PUT DOWN A LARGER DEPOSIT
Putting a larger deposit down with your offer and on your mortgage exhibits the weight and intention of your offer to sellers. The more risk you are willing to incur, the better position you will be in to have your offer accepted.
There are additional benefits that come with putting more money down on a mortgage deposit. These benefits include: lower mortgage rates, smaller mortgage loan balance, reduced mortgage insurance premiums, and more manageable monthly payments.
About Me
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George Sarkis
Douglas Elliman
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