This Is the Biggest Reason I've Failed at Financial Goals

This Is the Biggest Reason I've Failed at Financial Goals

This is a decision I wouldn't make today, because I think a 20% down payment is really important to guard against financial loss. Mortgage insurance is required when you make a down payment below 20%, and it protects lenders from financial loss that could result from foreclosure. Unfortunately, when it quickly became clear there was no way I could do that, I cut my retirement investments way back.