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Do you have to put a downpayment on a condo?

Ethan Brown | 2023-05-07 23:43:39 | page views：1632
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Ethan Lee

Works at the United Nations High Commissioner for Refugees (UNHCR), Lives in Geneva, Switzerland.
FHA loans require just 3.5 percent in cash for a down payment. (Conventional lenders will require a higher down payment and expect to put down even more if you're buying a condominium). On a $160,000 home purchase, you'd have to put down at least $5,600, but you'd have to be able to afford the payments.
2023-05-10 23:43:39
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Lucas Patel

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FHA loans require just 3.5 percent in cash for a down payment. (Conventional lenders will require a higher down payment and expect to put down even more if you're buying a condominium). On a $160,000 home purchase, you'd have to put down at least $5,600, but you'd have to be able to afford the payments.
Mortgage loan now requires higher down payment, credit score ...
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