1% Down Payment Conventional Mortgage Explained

Description

Join Joe Harris and Lindsay Clark from Morgan Financial as we explore the nuances of the 1% down payment conventional mortgage. While we believe this is a great product for certain borrowers, we just want to put the numbers into perspective in terms of how they might play out for an average borrower attempting to purchase a home in Brevard County.

In this episode, we delve into the details of this mortgage option, highlighting its potential benefits while acknowledging its limited appeal. Joe breaks down the details of an actual mortgage payment scenario on the whiteboard so you can see what actually goes into making this product a viable option for a person, or not.

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Email: lindsay@morganfinancial.net

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