The phrase "small downpayment" means paying only a small amount of money upfront when you make a purchase or enter into an agreement.
Sentences with «small downpayment»
For example, Fannie Mae sets its maximum DTI at 36 percent for those with smaller downpayments and lower credit scores. (themortgagereports.com)
Very small downpayments make defaults more likely because even a small drop in prices leaves homeowners owing more than their house is worth. (canadianbusiness.com)
For first - time buyers making small downpayments, the affordability levels are relatively lower. (nar.realtor)