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Message
re: Minimum Amount Needed to Put Down on Home Purchase
Posted on 12/26/12 at 2:28 pm to Cajun Revolution
Posted on 12/26/12 at 2:28 pm to Cajun Revolution
3.5% FHA
5% Conventional
Still some 0% rural/VA type loans out there I think, but I don't know much about them or who qualifies
5% Conventional
Still some 0% rural/VA type loans out there I think, but I don't know much about them or who qualifies
2
Posted on 12/26/12 at 2:32 pm to HurricaneDunc
I did a conventional loan on 12/6 of this year and our rate was 3.37%. We put 20% down.
Posted on 12/26/12 at 4:25 pm to HurricaneDunc
quote:
5% Conventional
You'd better be one pristine borrower to qualify at 5% down conventional. I know the program is there but lenders are very wary of 5% down loans these days.
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