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submitted 6 months ago by [email protected] to c/[email protected]
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[-] [email protected] 8 points 6 months ago

You need that here in the USA too, but with an FHA loan, or a first time buyer program on a conventional loan the percentage needed is reduced. Although they hit you with some pretty hefty fees when you take advantage of those programs. The FHA charges an up-front fee, and conventional loans hit you with PMI which equates to hundreds of dollars per month.

this post was submitted on 05 Mar 2024
1386 points (97.6% liked)

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