down payment

How Much of a Down Payment Do I Need for a Jumbo Loan?

How Much of a Down Payment Do I Need for a Jumbo Loan? As we referenced in our previous article, jumbo loans are required when purchasing an expensive, luxury home. A jumbo loan is only applicable if the home price is above your county’s limit for a conventional loan. Due to escalating home prices, it …

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Kingston Mortgage Explains a Down Payment

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Kingston Mortgage Explains a Down Payment A down payment is an upfront payment you make to purchase a home or other asset. The down payment is the portion of the purchase price that you pay out-of-pocket (as opposed to borrowing). A down payment is usually referenced as a percentage of the sales price. In most …

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down payment

How Much of a Down Payment Do I Need for a Jumbo Loan?

Kingston Mortgage Explains a Down Payment

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