I get this question a lot too. Most folks believe that the mortgage melt down was due to things like liar loans (stated income) or too little ‘skin in the game’. I will agree that it was a factor but keep in mind one of the most stable loans of all time is a VA loan and that is 100% financing. It is more about discipline and mindset than ‘skin in the game’.
You can get and qualify for a lot less down than you may think so check out this article and let me know if you have questions.
Click on this ->> How Much of a Down Payment Do You Actually Need?.
Thanks for listening,
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