NextPrevious

Saving, Managing Debt, and Budgeting

Mortgages

Does it matter to lenders how large a down payment I will require?

The larger your down payment for a house, the more favorably your lender will consider your mortgage application, and the better your terms will be. You will also benefit from paying less interest over the life of the loan.

Close

This is a web preview of the "The Handy Investing Answer Book" app. Many features only work on your mobile device. If you like what you see, we hope you will consider buying. Get the App