Loan with a huge downpayment, is it wise?
So, I was planning on taking out a mortgage with 70% down. The mortgage would be less than $100k. Is this a wise decision or not? by dantheman650 from Bloomfield, Indiana. Oct 14th 2022
Stephen McWilliam (StephenMcWilliam)
#136 ranked lender in Florida - 48 contributions
That's a personal business decision. Absent more information it would be impossible to help guide you in you making the proper decision.
Dave Skow (daveskow)
#15 ranked lender in Washington - 455 contributions
with interest rates being high - if you can afford to part with the down pmt funds - its not a bad idea to take out a smaller loan amt
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