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Leasehold Homeownership vs. Jumbo Loans: $40K Down Instead of $400K
Put down $40,000 instead of $400,000. Leasehold homeownership separates the cost of the land from the home, so you get a conventional-sized mortgage on a jumbo-priced property. You still own the home, build equity, and keep the appreciation. Lower down payment, lower monthly payments, and your capital stays in your pocket. See if you qualify.