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GOBankingRates
GOBankingRates
Gabrielle Olya

8 US Cities That Will Cover Your Down Payment If You Relocate

Ron and Patty Thomas / Getty Images/iStockphoto

Buying a home is expensive, and relocation incentives often fall short of covering real costs. But some cities do offer enough cash to cover at least 3% of the area’s average home price — the minimum down payment for a conventional mortgage.

As identified by Mortgage Research Network, here’s where you can move and start building equity without draining your savings.

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