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If I pay 20% down do I write a check for that at the closing of the construction load? Who gets this check?

by kb.horn597 from Claremore, Oklahoma. 12 days ago Reply


Many title co's will not accept checks any more. The funds must be wired from your bank to reduce fraud. The lender you choose will have specific requirements as to time and place 4 the down payment. The real issue is if you put 20% down mortgage insurance goes away on a conventional loan.

12 days ago
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