What is the required down payment on new home purchases?

Answer The amount of down payment required to purchase a new home is determined by the type of mortgage selected. The minimum down payment can range from zero to 5 percent of the purchase price, depending... Read More »

Top Q&A For: What is the required down payment on new home p...

If you shop at the same websites, do you save your payment information for future purchases Why or why not?

NO!!!The best thing to use for buying stuff online is a prepaid credit card!!! If someone steals your information, they can not get anything from it, because there is no money available on it until... Read More »

Home Owners Association harassing me for payment that was made 6 months ago after proof of payment. Can I do something to get them off your back?

You are best advised to sit down, person-to-person, with a member of the association's board or management company who has the authority to resolve the issue, and resolve it. Bring your proof of pa... Read More »

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 »

Can I Use Equity in Present Home As Down Payment for Second Home?

Homeowners buying a second property or new home can extract funds from equity in their current home for use as a down payment. People who have an existing home equity line of credit, or HELOC, have... Read More »