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What is the minimum down payment and closing cost?
What is the minimum down payment and closing cost? Will my real estate agent tell me how much money I need for the house?
Asked By Brandon | Beaver, UT | 816 views | Buying | Updated 2 years ago
Answers (3)
Jamie Merwin
ZMD REALTY
You will want to speak to a mortgage specialist to see what you are pre-qualified for based on income, credit score & debt. You will then receive your answers. Best of luck!
- 1 year ago
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Bruce Allen
eXp Realty, 3440 Toringdon Way Ste 205 Charlotte, North Carolina 28277
FHA is 3.5% with approved credit, lower credit it can be 5%. Conventional is 5% and VA is 0%.
- 2 years ago
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Christina Moton
Distinction Real Estate
Your best bet will be to speak with a lender! They are the ones who are truly able to answer those questions! It can be tricky to navigate the home buying process. Make sure you have a great team who are there to educate you and have full transparancy through the transaction!
- 10 months ago
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