Making a larger down payment will decrease your long-term costs, but it can cause a short-term financial crunch if you’re putting your savings into your new home. When you move into your home, you probably want the freedom of buying a few extra things to make it feel special. You might not be able to do that if you pay a lot toward the down payment.

Contact us at (605) 718-9820 or fill out a quick form below to let our mortgage experts show you how.

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