Is 20% down dead?

The standard mortgage down payment has traditionally been 20% . . .

Unfortunately, it’s a tough standard to meet for most people.

As noted here, more than 70% of first-time buyers have a down payment of less than 20% . . .

And 54% of all buyers make less than a 20% down payment.

Down payments can be as low 3.5% to 0% depending on the loan program.

Of course, the ultimate goal is to have a 100% down payment.

So, while the 20% down payment may not be dead as this article claims, it is a great goal to make the 20% down payment dead in our own lives.

See that here.

When you are part of the 5% of people who succeed financially, a 100% down payment can be a reality.

How do you get there?

It begins be deciding it is possible, and that you will do it.

Here is some help to decide:

“Money – make yourself wealthy”

“Cash – the best way to financial freedom”

“Your first new opportunity”

Once you decide, then set up your plan to get going:

“You need a totally new opportunity”

“Using coffee to become financially free”

“Win by conquering your debt”

“Take action with your annual review”

“The power of secret money”

“Live like you’re broke”

“What did that dinner really cost you?”

Then, once you get that part in place and you’re making great progress, now look at how you can accelerate your progress:

“Win even faster!”

“More new opportunities for you”

This is what can help you make a small down payment and the 20% down payment dead in your life.

You can really reach a point in your life where a 100% down payment is possible!

You can really become part of the 5% of people who succeed financially, no longer part of the 95% of people who fail.

You can potentially free yourself of all your loan payments, including your mortgage payment, in as little as 5-10 years on your current income.

You do have the potential to become a millionaire in the same time you would typically pay off a 30-year mortgage.

This million dollars could pay you $11,000 per month in interest income, without your ever having to go to work.

It’s called residual income – income that comes in automatically whether you work or not.

That’s what the 5% of people receive – money works for them.

The 95% work for money.

Down payments, 20% down or as little as 3.5% or 0% down, are the reality in the lives of the 95% who fail.

The 20% down payment can be dead in your life – that day of a 100% down payment can be a reality for you!

Let a real mortgage consultant like me help you!


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