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What is the minimum down payment and closing cost?

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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 | 437 views | Buying | 1 year ago

Answer(3)

Rising Star

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!

Novice

Bruce Allen

eXp Realty, 3440 Toringdon Way Ste 205 Charlotte, North Carolina 28277

(12)

FHA is 3.5% with approved credit, lower credit it can be 5%. Conventional is 5% and VA is 0%.

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Novice

Christina Moton

Distinction Real Estate

(6)

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!

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