@youngandcreditwrthy wrote: Also please remember if you do not put 20% down, you will pay PMI for an FHA for the LIFE of the loan. It cannot be removed as in could in tbe past. This could add an extra 1% to the rate of your loan... Compound that over 15-30 years and see which is more expensive..
Is this true for all mortgages? I'm a newb in this matter.
