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Property Q&A in Galewood : Real Estate Advice

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Mon Jun 18, 2012
Ivan Sagel answered:
Hi Charlena,

Down payment is determined by your lender, not the seller. The typical range is 3.5% for FHA or 5-20% for conventional loans. I can recommend some great lenders to talk to about getting pre-approved.

If you are not working with a Realtor, you are missing out on great advice. My services are free to you as a buyer.

Best,
Ivan Sagel
312-515-7823
IvanSagel@DwellOneRealty.com
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