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re: Minimum Amount Needed to Put Down on Home Purchase
Posted on 12/26/12 at 1:59 pm to Cajun Revolution
Posted on 12/26/12 at 1:59 pm to Cajun Revolution
I think it's 20% to avoid PMI, and 10% as a minimum unless you are a veteran or qualify for a rural house loan.
1
Posted on 12/26/12 at 2:20 pm to LSUtoOmaha
Also,
FHA is 3.5% and I wouldn't put down a penny more if you don't have to.
FHA is 3.5% and I wouldn't put down a penny more if you don't have to.
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