How much down on this house how is it purchased?

Asked by Darlene Vanscoy, Harsens Island, MI Sun Sep 2, 2012

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This question is about this property: http://www.trulia.com/homes/Michigan/Warren/sold/1349059-272…

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Sigrid Garri…, Agent, Rochester, MI
Sun Sep 2, 2012
Darlene,

You are looking at public records. not a listing for sale.
When you are purchasing a house, it depends on the type of loan that you are using. FHA requires at least 3.5% down. If you do not want to pay PMI(its.25) then you need at least 20% down. VA requires
0% down. There are also closing costs involved. You need to speak with a mortgage person about all this. I can give you some names if you like.

Hope this helps
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