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  2. New state program offers down payment help to Ohio home ... - AOL

    www.aol.com/state-program-offers-down-payment...

    Only use the money for a down payment or closing costs on a primary residence in Ohio. Use the money within five years of starting the account. Maintain a minimum balance of $100 and a maximum of ...

  3. What is a down payment? - AOL

    www.aol.com/finance/down-payment-180952544.html

    For conventional loans, the minimum mortgage down payment is 3 percent. FHA loans require a down payment of 3.5 percent with a credit score of 580 or higher. For scores between 500 and 579, the ...

  4. Down payment assistance: How it works and how to get it - AOL

    www.aol.com/finance/mortgage-down-payment...

    Down Payment Resource: Down Payment Resource, a private company, provides various resources for homebuyers, real estate agents and lenders, including an eligibility and assistance lookup tool. FAQ

  5. How to save for a home down payment when rates are falling - AOL

    www.aol.com/finance/save-home-down-payment-rates...

    Down payment assistance programs are grants and low-interest loans that organizations provide to buyers to put toward their down payment or closing costs. You’ll need to meet the program’s ...

  6. Down payment - Wikipedia

    en.wikipedia.org/wiki/Down_payment

    In the United States, down payments for home purchases typically vary between 3.5% and 20% of the purchase price. [1] The Federal Housing Administration has advocated lower down payments since its inception in 1934, and, currently, borrowers that qualify for an FHA loan pay only 3.5% for a down payment.

  7. Here's How Much of a Down Payment You Need to Buy a House - AOL

    www.aol.com/heres-much-down-payment-buy...

    Many mortgage lenders require a down payment, which can make it much harder to buy a home. But how big does this down payment really need to be? Find out here.

  8. Do I really need a 20 percent down payment for a house? - AOL

    www.aol.com/finance/really-20-percent-down...

    The median price for an existing home in the U.S. was $379,100 as of January 2024. A 20 percent down payment on a home at this price would come to $75,820. Regardless of price or loan type, though ...

  9. HOME Investment Partnerships Program - Wikipedia

    en.wikipedia.org/wiki/HOME_Investment...

    All U.S. states are automatically eligible for HOME funds, and each receives a minimum of $3 million for the program, while local governments receive a minimum of $500,000 (unless the United States Congress assigns $1.5 billion or less to the program, in which case they receive a minimum of $335,000). [2]

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