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re: 20% down on a house…is it dumb?

Posted on 2/6/22 at 7:10 am to
Posted by Origins of Asymmetry
Member since Feb 2022
724 posts
Posted on 2/6/22 at 7:10 am to
quote:

Well your acquaintances are poor af, think of pmi as a poor person’s tax. You are basically paying points for nothing. Avoid at all costs.

There are loans available where you can avoid PMI without 20% down. Not that you would know obviously.
Posted by go ta hell ole miss
Member since Jan 2007
13664 posts
Posted on 2/6/22 at 8:29 am to
quote:

There are loans available where you can avoid PMI without 20% down. Not that you would know obviously.


I do not. Will you please help us out and let us know instead of just condescendingly talking down to us? I will really appreciate the help.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74316 posts
Posted on 2/6/22 at 9:18 am to
quote:

There are loans available where you can avoid PMI without 20% down. Not that you would know obviously.


No there isnt.

Never put 20% down thats a 1920s concept

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