The Down Payment Debate…happening now!

A Federal Reserve Senior Economist believes that 20% down should be the standard with buyers to avoid another foreclosure disaster, however… the facts don’t support his suggestions. Watch this video from my partners that show how many low down payment loans have had great performance statistics and VA loans which require no down payments and no monthly mortgage insurance premiums have out performed all low down payments loans together.

Mike BW Picture (2) Mike Scalise  NMLS # 207383

Cell) 815.621.9888    Office) 815.312.5823

Email:  mike-scalise@comcast.net

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I think this could be good news for builders and sellers – Mike Scalise

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