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Private Lending & Conventional Mortgage Advice

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Thomas DeLay
Pro Member
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Low down payment .. to lock in interest rate

Thomas DeLay
Pro Member
Posted May 8 2023, 19:08

Looking to purchase another home for a house hack with my wife. We have enough for a 20 percent down payment but would like to get a lower interest rate, would it be possible to put 6 percent down to lock a lower interest rate and then put 14 percent more down later to make out payments lower ? Thank you guys in advance such a great community! 

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