Local Knowledge Videos Home > Local Knowledge Videos Financial topics can get complicated. Our experts took some of your burning questions and answered them in our Local Knowledge video series. Still can’t find the answer you’re looking for? Contact us for help today! Mortgages: Do I have to put 20% down on my mortgage? What’s the difference between prequalification and preapproval? Why should I put less down than what I have in my savings? What does it mean when my lender uses the term DTI? What information do I need to provide to get pre-approved? Why shop local?