Your question has multiple answers. A lot depends on the price range of the property. If you're doing an FHA loan, you can put down as little as 3 1/2%. If you're doing a conventional loan, most likely 20% will be the reqired down payment. If you're in a higher price range, you may be required to put down 25-30%. ($900,000 price range and above)
Once we have more information about your specific situation, your earnings, your credit score, etc., we will be able to give you a better idea.
We can help you with any Marin properties or southern Sonoma County properties.
Mary Kay and Kathy
These guidelines only apply to declining markets like California, Florida, etc. If you live in a non-declinign market, the guidelines are a bit looser.
If you have any questions, please let me know.
Apply Online: flagstarloans.com/lallison
Speak with a local, reputable lender who can outline the available programs you qualify for
Typically lenders are still wanting 20% down on homes in Marin. but if you were eligible for an FHA loan then the down payment is less. let me know if you want me to check it out further for you.
Best regards, phillipa Crsiwell