You may have some difficulty finding a lender willing to lend such a low amount. Since you are putting down 170,000 and the home only cost 200,000, that means the loan will only cover 30,000. Usually, lenders have a minimum loan amount of 50-60k. So you may not be able to easily find a lender that is willing to fund a low loan amount. Either way, the best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!
Sr. Mortgage Banker
NMLS # 659743