How much do you put down on this house?

Asked by Erica.lee7us, Show Low, AZ Thu Apr 14, 2011

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This question is about this property: http://www.trulia.com/property/3030249372-4038-Colt-Rd-Snowf…

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Thu Apr 14, 2011
Hi again, Erica,

This would be the same as my last answer to you on the other house:

It looks like you could by this home with as little as $ZERO down if this is going to be your primary residence.

If its going to be a second home, you would need to put down at least 10%.

And if this was going to be a rental property, you would need to put down at least 20%.

Please feel free to contact me; I'd be glad to help you with any more questions you may have.

All the best,
Ros

Roswell Moore, CMPS
Certified Mortgage Planner
480-422-5095 direct
http://www.ezAZloan.com

We are a Direct Lender, Mortgage Bank where we originate, process, underwrite and fund, in-house, FHA (w/a 580 score), 203k, VA, USDA, Jumbo, Conventional, loans to Canadians, Australians & other Foreign Nationals, on time. NMLS ID 263779 | AZ BK 0903725
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