How much of a down payment is needed?

Asked by Antoinette Easley, Penn Hills, PA Sat Apr 25, 2009

I am interested in this property and would like to move in by June, I can be contacted at if you can provide me with any info asap it would be greatly appreciated. Thanks, Antoinette Easley.

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Sean Dawes, , Philadelphia, PA
Sat Apr 25, 2009
If you are getting a FHA loan then the minimum downpayment would be 3.5% of the sale price but then you also have closing costs which can be lumped into your mortgage through sellers assist potentially.

Sean Dawes
Long and Foster Real Estate Inc.
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