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

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

    You’ll need to meet the program’s qualifications, and you must typically finance the home with a 30-year, fixed-rate mortgage to receive down payment assistance.

  3. How to buy a house in 2024 - AOL

    www.aol.com/finance/buy-house-2024-232506531.html

    3. Save for a down payment. To avoid having to pay private mortgage insurance, or PMI, you’ll need to put down at least 20 percent of the home’s purchase price for a down payment. Some lenders ...

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

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

    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

  5. 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 ...

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

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

    First-time buyer loans typically have more flexible requirements, such as a lower down payment and credit score. Many help buyers with closing costs and the down payment through grants and low ...

  7. Do you qualify for homebuyer assistance? You might — even if ...

    www.aol.com/finance/can-i-qualify-for-homebuyer...

    Down payment requirement. Who it's for. Federal Housing Administration (FHA) loan. No. Yes. 3.5% and up. First-time buyers, senior and buyers with poor credit. U.S. Department of Agriculture (USDA ...

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