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Real Estate Glossary

What does Low-Down-Payment Loan mean?

A low-down-payment loan is a type of loan that requires the borrower to make a smaller down payment on a property than is typically required. These types of loans are often used by first-time home buyers or those with limited funds for a down payment, but it also exposes the borrower to a higher risk of defaulting on the loan

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Artur
Real Estate Assistant