- May 23, 2012
- 10,511
- 2,333
- 280
I'll bet Mitt Romney put down less than 20% on the companies he bought .
"FHA loans require as little as 3.5 percent of the homes value up front in the form of a down payment.
Compare this to a traditional mortgage offered by a private bank. Private banks require large down payments of buyers traditionally 20 percent to qualify for a low interest rate."
If you put less then 20% down on a home you NEVER belonged in it.................................