Nissan 370Z Forum - View Single Post - Buying my first home. Fill me in home owners.

wilsonp · 01-28-2011, 06:49 PM

It is a good idea to have at least 10% down so you can get an 80-10-10 and avoid PMI or consider FHA if your credit isn't great.

If you have to get PMI, make sure you can get out of it when your equity reaches 20%.

01-28-2011, 06:49 PM	#24 (permalink)
wilsonp A True Z Fanatic Join Date: Jul 2010 Location: Virginia Posts: 1,134 Drives: 2009 Touring Sp Nav Rep Power: 17	It is a good idea to have at least 10% down so you can get an 80-10-10 and avoid PMI or consider FHA if your credit isn't great. If you have to get PMI, make sure you can get out of it when your equity reaches 20%. __________________ 2014 Cayman S PDK Sport Chrono White/Black Was 2009 370Z Touring Sport+Nav 7AT Metallic Black/Persimmon Was 1991 NSX Auto Black/Black