Down Payment USA - ijaraCDC

Down Payment USA

Down Payments

Down payment are the initial upfront portion of the total amount due and it is usually given in cash at the time of finalizing the transaction. A loan or the amount in cash is then required to make the full payment.

 

Down Payment for Purchasing HomeĀ 

Various down payments are based on the type of purchasing property:

As low as 3.5% down payment for purchase primary home in US

As low as 20% down payment for purchase investment property in US

 

Various down payments are based on the type of finance amount:

As low as 25% down payment for finance amount $417K to $700K

As low as 30% down payment for finance amount $700K to $800K

As low as 35% down payment for finance amount $800K to above

 

Otherwise you can apply for FHA loan for purchasing property more than $417K with less down payment