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Bloomberg Businessweek Weekend - August 27th, 2021
Bloomberg Businessweek
The Mortgage Market Is Efficient
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Idina: The mortgage market was created, ben on for a while, but was really put into existence by the ses back in 19 forty. We only require one to two % of the home value at te down payment. Nd so our customers generally have, on average, call it two to six thousand dollars saved up and we require minimum of two thousand dollarsand because our our our product is fundamentally a rental product, if the tenant is unable to make a payment, we are able to be more flexible.
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