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Posted about 13 years ago

How much for down payment?

How much for down payment?

It really depends on your situation. Are you a first time buyer, move up buyer or an investor? Here are some guidelines for each:

First-time home buyers- First time buyers have many options.

VA Buyers- Can put Zero down and the seller must pay the closing cost

FHA Buyers- May put down as little as .5 %( 1/2 of 1 percent) to 3.5% and the seller may pay u to 6% of the closing cost. There are FHA grant programs out there that will


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