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There is a myth out there that you have to put 20% down when buying a house or you are making a mistake. This is totally false! Don’t fall victim to “generic” advise online. There are different loan types for a reason and your specific situation should dictate how much you should put down. For most first time home buyers a FHA loan with a 3.5% down payment is more than fine to start. Even better Veterans can buy a home with 0% down. Watch this video fro my thoughts on the subject.

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