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2. How to get a mortgage for a vacation home - AOL

   www.aol.com/finance/mortgage-vacation-home...

   Down payment: Lenders typically require at least a 10 percent down payment on vacation homes, while primary residences may only require 3 percent down. Reserves: In some cases, you can buy a ...

3. 5 types of mortgage loans for homebuyers - AOL

   www.aol.com/finance/5-types-mortgage-loans...

   A piggyback loan, also referred to as an 80/10/10 loan, involves two loans: one for 80 percent of the home price and another for 10 percent. You’ll make a down payment for the remaining 10 percent.

4. How to save for a down payment - AOL

   www.aol.com/finance/save-down-payment-202835260.html

   You’ll need a credit score of 580 for an FHA loan, or 500 if you have 10 percent down. VA and USDA loans: ... As of April 2024, the national median monthly rent was $1,987 according to Rent.com ...

5. What is a down payment? - AOL

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

   Most homebuyers getting a mortgage have to pay a portion of the property’s purchase price upfront. ... and putting 10 percent down, you’ll take out a mortgage in the amount of $360,000 ...

6. How much is a down payment on a house? - AOL

   www.aol.com/finance/much-down-payment-house...

   Second homes typically start at 10 percent, and investment properties can require as much as 15 to 25 percent. That said, the amount you need for a down payment on a house can depend on your ...

7. FHA loans: Definition, requirements and limits - AOL

   www.aol.com/finance/fha-loans-134807555.html

   FHA down payment: At least 3.5 percent down if your credit score is at least 580, or at least 10 percent down if your credit score is between 500 and 579 FHA debt-to-income (DTI) ratio: At most 43 ...

8. How to find the best FHA mortgage lender - AOL

   www.aol.com/finance/best-fha-mortgage-lender...

   If you have a credit score of 580 or higher, a 3.5 percent down payment and are buying a primary residence, you may qualify for an FHA loan. If you can put 10 percent down, you might be able to ...

9. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   A Section 184 loan requires just 2.25 percent down. The NADL program has no down payment requirement, but is only for Native American veterans and their spouses. First-time homebuyer programs by state