How much is needed for a mortgage down payment?

Answer 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 nee... Read More »

Top Q&A For: How much is needed for a mortgage down payment

How much of a down payment is required on an fha mortgage loan?

An FHA mortgage requires at least a 3.5 percent down payment as long as your credit score exceeds 580. If your credit score does not meet this requirement, you must put down at least 10 percent.Ref... Read More »

How to Calculate How Much Is Needed for a Down Payment on a House?

You have just tied the knot, and now you are ready to move into your dream home. You want to know how much of a deposit you need to put down on your home so that you can afford the payments in the ... Read More »

How to Qualify for a No Down Payment Mortgage?

Looking to purchase a home in Canada and don't have the down payment?  Look no further, there are choices and options available...

How a Mortgage Payment Breaks Down?

A mortgage payment does not typically pay off your home loan interest and principal exclusively. Homeowners notice that mortgage payments increase or decrease from year to year. These changes resul... Read More »