How much is needed for a mortgage down payment?
by 
The Curious Bag
ANSWERS: 1
-
The amount of down payment needed to purchase a mortgage depends on the product selected. For a VA or USDA loan, no down payment is needed. For a FHA loan, a minimum 3.5 percent down payment is needed. For a conventional or jumbo mortgage, a minimum down payment of 5 percent is needed.
Source:
RELATED QUESTIONS
Copyright 2023, Wired Ivy, LLC