A:Â
Depending upon the location of the property, a conventional mortgage over $417,000 and up to $729,750 many lenders require a minimum down payment of 10%. An FHA mortgage up to $729,750 in designated areas requires a minimum down payment of 3.5%. For loan amounts over $729,750 the minimum down payment may be subject to the lender's guidelines.
11 months ago
by
cgavin
 - Mortgage Lenders of America

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