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» Lenders Tout Downpayment Protection Option for Borrowers Against Unpredictable Market Downturns
Lenders Tout Downpayment Protection Option for Borrowers Against Unpredictable Market Downturns
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A few mortgage lenders are offering a purchase-loan option that provides protection to borrowers who make a downpayment on their house and later have to sell at a loss due to a decline in value.