09/04/2026
🏡 Real estate tip: A bigger down payment doesn’t always mean it’s the best strategy.
Putting less than 20% down may actually help some buyers get a better interest rate, depending on the loan program, credit profile, and lender pricing. Then, after closing, some loans may allow you to recast by putting a lump sum toward the balance, which can potentially lower your monthly payment. 💰
The important part is understanding:
✅ Mortgage insurance costs
✅ Recast rules
✅ Your rate options
✅ The long-term impact on your payment
There really isn’t a one-size-fits-all answer when it comes to financing. The best strategy is the one that makes the most sense for your specific goals.
Thinking about buying soon? Message me “DOWN PAYMENT” and I’ll help you compare your options. 📩