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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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Your Guide to Buying a Home in the Sunshine State of Florida

HomeLight

Raymer says that for her clients, especially first-time buyers, she suggests an FHA loan, which only requires 3.5% FHA is really one of the best options,” she advises. An FHA loan is insured by the Federal Housing Administration and available from FHA-approved lenders. down payment. Special programs.