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2. HFA loans: Everything you need to know - AOL

   www.aol.com/finance/hfa-loans-everything-know...

   Minimum down payment. 3 percent. 3.5 percent. Minimum credit score. 620. 580. ... meaning you could finance a duplex, ... You’d just need to occupy one unit and rent out the rest, ...

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

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

   For a Federal Housing Administration (FHA) loan, the minimum down payment is 3.5 percent with a credit score of at least 580. If you have a credit score between 500 and 579, you can still get ...

4. How much is an FHA loan down payment? - AOL

   www.aol.com/finance/much-fha-loan-down-payment...

   Key takeaways. FHA loans require a minimum 3.5 percent down payment for borrowers with a credit score of 580 or more. Borrowers with a credit score of 500 to 579 need to put 10 percent down.

5. Minimum lease payments - Wikipedia

   en.wikipedia.org/wiki/Minimum_lease_payments

   Minimum lease payments are rental payments over the lease term including the amount of any bargain purchase option, premium, and any guaranteed residual value and excluding any rental relating to costs to be met by the lessor and any contingent rentals. Leased asset is depreciated in books of lessee over its useful life if lessee intends to ...

6. 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 ...

7. Mortgage underwriting in the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_underwriting_in...

   This is termed as reserves by the industry. For example, with a total mortgage payment that is $1,000 a month and the borrower has $3,000 left after paying the down payment and closing costs, the borrower has three months reserves. Underwriters also look closely at bank statements for incidences of NSF's (non-sufficient funds). If this happens ...

8. Multifamily residential - Wikipedia

   en.wikipedia.org/wiki/Multifamily_residential

   A condominium building in Bethesda, Maryland. Multifamily residential, also known as multidwelling unit (MDU), is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. [1]

9. How much should a house down payment be? - AOL

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

   If you’re a first-time homebuyer feeling worried by the 20% down payment guidance commonly quoted, know that a down payment can actually be much lower—for example, 3% to 5% depending on loan ...