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Can Put 20 Percent - Politics, Business, Civil, History - Posted: 2nd Apr, 2011 - 4:37pm
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A Financial Blog
Post Date: 18th Mar, 2011 - 4:02pm / Post ID: #
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Can you put down 20 percent
Can you put down 20 percent
Mortgage / Home Buyer News
Should homebuyers be required to make a down payment of at least 20 percent of a home's purchase price to qualify for a mortgage?
That's a question some Bankrate readers tackled when presented with the prospect of such a requirement on certain loans to be known as "qualified residential mortgages," or QRMs.
Here's what the readers had to Source: Bankrate.com » Mortgages
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percent put Can
YES, no doubt about it particularly in this type of economy. Maybe if the economy and real estate business picks up in a few years then we could return to the 10% requirement.
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