Home Buying in Naples>Question Details

Trulia Ralei…, Other/Just Looking in Raleigh, NC

How large a down-payment should first time homebuyers expect to put down?

Asked by Trulia Raleigh, Raleigh, NC Fri Apr 12, 2013

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Each circumstance is different. I would be more than happy to talk in detail with any home buyer who would like more information on the home buying process. Usually, the down payment is 20% but that can vary. If you would like more information on the home buying process, please check out my website, http://www.napleshomes.com. It has the latest real estate market information, news, trends, and listings updated daily! If you have any further questions, please feel free to contact me via cell 239.244.1559 or via email ryan@napleshomes.com. I look forward to the opportunity to assist you!


Ryan Schwartz, Realtor
239.244.1559
Web Reference: http://www.NaplesHomes.com
1 vote Thank Flag Link Tue May 7, 2013
Adding to what is already written by the other agents, a "HomePath" mortgage has some special financing benefits. "HomePath" homes are homes that were foreclosed Fannie Mae homes. A listing will state if the home qualifies for a HomePath Mortgage. Only certain banks offer HomePath mortgages. The link is to a brochure: http://homepath-activedt.netdna-ssl.com/content/pdf/HPM_Fact…

Sincerely,
Nancy Linder, REALTOR
Naples Realty Services, Inc.
Cell phone: 314-616-2313 (Missouri number, live and work in Naples full time)
Website: http://www.NancyForNaplesHomes.com
Facebook: http://www.facebook.com/NancyForNaplesHomes
Twitter: @NancyJLinder
LinkedIn: http://www.linkedin.com/in/nancylinder
0 votes Thank Flag Link Fri Apr 12, 2013
FHA is generally 3.5% and Conventional loans 5%. Though sometimes you can find local banks and credit unions who offer special programs for zero down.
0 votes Thank Flag Link Fri Apr 12, 2013
Depends on many variables and type of mortgage...FHA, VA, Convential each carries their on requirements and buyers credit scores. Kathy BC 800-448-3411 ext 601...4/12.
0 votes Thank Flag Link Fri Apr 12, 2013
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