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2. HomeReady mortgage guide - AOL

   www.aol.com/finance/homeready-mortgage-guide...

   A HomeReady mortgage is a type of conventional loan with a down payment requirement of just 3 percent. You can use it to buy a home or refinance an existing mortgage.

3. 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 ...

4. 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 ...

5. 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.

6. How to get a mortgage - AOL

   www.aol.com/finance/mortgage-180956822.html

   The minimum down payment ranges from 3 to 3.5 percent of the home’s purchase price for fixed-rate conventional loans and FHA loans, respectively. On a $400,000 home, for example, that range ...

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

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

   Types of down payment assistance loans and programs Grants. A homebuyer grant is a type of down payment assistance that provides a one-time cash sum, often in the form of a no-interest second ...

8. First-Time Homebuyer’s Guide to Mortgage Loans ... - AOL

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

   Down payment required: 3% (5% with adjustable-rate mortgage) Minimum credit score: 680 with less than 25% down Income restrictions: No more than 80% of area median income for property’s location

9. 10 Things You Must Do Before You Put a Down Payment on ... - AOL

   www.aol.com/10-things-must-put-down-110031327.html

   “The cost of PMI is typically between 0.5% and 2.25% of the mortgage loan amount and it is added to your monthly mortgage payment,” she said. If you don’t have enough money for a 20% down ...