What is the minimum down payment on this condo?

Asked by Natalie, New Berlin, WI Mon Jul 11, 2011

--
This question is about this property: http://www.trulia.com/property/3043970479-1493-S-Carriage-Ln…

Help the community by answering this question:

+ web reference
Web reference:

Answers

1
Perry Grutza, Agent, New Berlin, WI
Mon Nov 7, 2011
There are several mortgage loan programs out there and each has good and bad. You should contact a mortgage professional to see which ones you would qualify for. Here is a brief overview.

VA mortgage - zero down to qualified buyers
FHA mortgage - 3.5% down to qualified buyers
Homepath mortgage (for some foreclosed condos) - 3% down for qualified properties
Conventional aka, regular mortgage - 5% down '
Physicians loan program - 0% down for qualified buyers
0 votes
Search Advice
Search
Ask our community a question
Property Q&A in New Berlin Zip Codes

Email me when…

Learn more