Tag Archive for: down payment options

Down Payments for Conventional Loans: Your Complete Guide

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Are you considering a conventional loan for your home purchase but feeling unsure about the down payment requirements? Don't worry, you're not alone! This is one of the most common questions our mortgage experts at JVM Lending encounter. Let's dive into the essentials of down payments for conventional loans, making the process clear and manageable.Read More

3 Reasons To Make A Smaller Down Payment

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We recently had a borrower with ample income and about $70,000 of liquid assets try to squeeze into a $600,000 home with 10% down. She wanted to put as much […]Read More

Homebuyers Use Less Than 20% For Down Payment On Home

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According to recent data, more than half of all homebuyers in California, Texas, and nationwide make their down payment with less than 20% when purchasing a home. This is additional evidence to discard the myth that homebuyers must put down 20% to be eligible for a mortgage loan.Read More