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<rss version="2.0" xmlns:dc="http://purl.org/dc/elements/1.1/"><channel><title>Trulia Voices: What is the standard down payment on a condominium.?</title><link>http://www.trulia.com/voices/Home_Buying/What_is_the_standard_down_payment_on_a_condominium-83210</link><description>I want to know the lowest percentage I can put down on a condo</description><language>en-us</language><item><title>Answer by Dana Schuster</title><link>http://www.trulia.com/voices/profile/Real_Estate_Pro-70461-250734/</link><guid>http://www.trulia.com/voices/profile/Real_Estate_Pro-70461-250734/</guid><description>your down payment wil be determined by the type of financing you obtain. FHA only requires 3.5% down. There are some 100% programs out there like RD(Rural Development) but only single family homes are eligible. A conventional looan will require 10-20% depending on your credit,income etc. if you are not planning to occupy the condo,your down payment will be at least 20% possibly higher. You should speak to a trusted local mortgage broker ..</description><pubDate>Sun, 25 Jan 2009 13:50:18 -0800</pubDate></item></channel></rss>
