low down payment loans save money: Down Payments
- 05/07/21 11:21 AM
Down Payments
One of the most important questions in the pre-qualification process is the down payment.
The traditional down payment in the past has been 20% of the loan amount. First time homebuyers may not have 20% to put down, but that's okay because today, there are 10% down loans, 5% down loans, and 3% down loans.
The most popular low down payment loan is the good old FHA 3.5% down loan that is often called "the first-time buyer loan" even though you don't have to be a first-time buyer to get an FHA loan. The FHA loan is a … (1 comments)
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Down Payments
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