15 > 20: A New Angle on Mortgage Finance That Dispels an Old Myth
Monday, September 9, 2019
11:00 a.m. (CT) / 12:00 p.m. (ET)
Who Should Attend: Loan Officers, Sales Managers
Many borrowers believe 20% down on their home purchase is their only option. But you know it’s not.
What if you could offer your borrowers a way to consider their mortgage from a slightly different angle: 15% instead of 20% down? Yes, their monthly principal and interest payment will go up a bit. And yes, they’ll need to purchase a small amount of mortgage insurance.
Here’s the big "BUT": They hold on to the difference… in savings… for investing… for making home improvements. And you reinforce your role as their Trusted Advisor.
Join us for a quick half-hour webinar to think outside the box:
- Which borrowers should consider putting 15% down instead of 20%?
- What it will cost the borrower...and what they will gain
- Which MGIC premium plans work best with this concept?
- The opportunity in the market and how to use it with referral partners