20 Down Home Loan

In a Nutshell While a 20% mortgage down payment used to be the rule of thumb, and still offers advantages, government-backed loans and a crop of newer low-down-payment mortgages from private lenders allow you to put a smaller amount down when you buy a home.

Fha Loan Apr 20 Down Mortgage Conventional Loans Available with 3% Down Payment – As with any conventional mortgage loan with less than a 20% down payment, private mortgage insurance (PMI) is required. The additional risk.