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When Is a House Down Payment Due and How Much Do I Need?

HomeLight

Larsen cautions that if you’re buying a new construction home, you will likely be expected to pay a much larger percentage of earnest money. Drew May , a leading real estate agent in Augusta, Georgia, where Fort Gordon is located, says there is “no better financing” than a VA loan for military buyers.

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How Much Are Closing Costs in Florida?

HomeLight

. $480 Loan origination fees ( 0.5% If you’re getting a government-backed FHA mortgage, you may have to pay up to 1.75% of the loan amount at closing for mortgage insurance, and your monthly mortgage bill will also include an amount for mortgage insurance. Will a builder pay closing costs on a new construction home in Florida?