what is the minimum down payment on a house

what is the minimum down payment on a house?

FHA loans, backed by the Federal Housing Administration, are available for as little as 3.5 percent down if the borrower has a credit score of at least 580. If the borrower has a lower score (500-579), the minimum down payment is 10 percent.Nov 2, 2021Conventional loan: 3%-15% depending on len…FHA loan: 3.5%Jumbo loan: 20% or more depending on lenderUSDA loan: None required

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