Down Payment Amounts Can Vary

[Yeng Lacanlale]

Most often potential borrowers think they need a large amount to get their first property. Not true. Your long-term investment assets and liquid assets can have a big influence in what you qualify (retirements accounts, stocks, savings, etc...). I have seen transactions that only require 0% VA, 3.5% , 5%, and 10% down payment.

One of the top concerns for lenders is your ability to pay the mortgage and security of that loan.