These days, the competitiveness of mortgage lenders opens up your options for the down payment. In some cases, you want to put 20% down towards your new home because at that level you can avoid paying private mortgage insurance. In other cases, 10% or even 5% may be required. If your calculations indicate that you can't put enough down, you may have to come up with creative ways to buy a home.
For more information about Hilton Head Island’s neighbor
Featured Hilton Head Island Property
20 OCEAN LN.
$729,000
Palmetto Dunes
4 Beds 3 Baths
1400 SQ. FT.
Doesn't get much better! Spacious & beautiful 4 bedroom villa directly across from the beach and overlooking the 11 mile lagoon. New Kitchen, New tile throughou ... Property Details
