How Much Money Do I Need For A Down Payment

 
 

It takes a lot of planning and preparation to purchase home and it's important there are no surprises.  It's very important to know how much money you are going to need to put down for a down payment. We outline general down payment rules so you can have a better idea of how much you need to save for a down payment on a home.

This is described in very general terms and it is very important that you verify all information with a mortgage professional.  It's a complex topic, there are so many different finance options out there, and there are plenty of exceptions to these "guidelines"