3 percent down mortgages: A guide to your options
You don’t have to come up with 20% in cash. But paying less now can cost you later.
8 min read
Jun 30, 2025
Mia Taylor
Contributing Writer
Highlights
- Contributing writer
- Award-winning journalist
- Featured in The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com
Experience
Mia Taylor is a contributor to Bankrate and an award-winning journalist who has two decades of experience. She has worked as a staff reporter or contributor for some of the nation's leading newspapers and websites including The Atlanta Journal-Constitution, the San Diego Union-Tribune, TheStreet, MSN and Credit.com.
Mia's latest articles
-
-
What is a bank statement loan?
While an option for some borrowers, there are downsides.
7 min read Jun 26, 2025 -
Guide to FHA adjustable-rate mortgages
It’s pretty similar to any ARM — and despite the low intro rates, it comes with caveats.
6 min read Jun 23, 2025 -
FHA 203(k) loans: What they are and how they work
This type of mortgage lets you pay for a home and renovations with a single loan.
6 min read Jun 20, 2025 -
Documents needed for mortgage preapproval
Here’s a checklist of what you need to get a mortgage preapproval letter.
6 min read Jun 20, 2025 -
Taking out a home equity loan on a paid-off house: A guide
Sometimes, it’s even easier than if you still had a mortgage. But there are caveats.
12 min read Jun 19, 2025 -
What is preforeclosure?
Preforeclosure is an early step in the foreclosure process, and it’s important to take seriously.
4 min read Jun 18, 2025 -
Student loan guidelines for getting a mortgage
Here’s how student loans typically factor into getting a mortgage.
9 min read Jun 17, 2025
