Schools in 11552>Question Details

dieudonne6, Home Buyer in Brooklyn, NY

what is the down payment on a $389k will be?

Asked by dieudonne6, Brooklyn, NY Sat May 18, 2013

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The downpayment amount will depend on the type of loan that one qualifies for based on one's overall financials, therefore for a personalized answer visit with any licensed loan officer; be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously. FHA loans require a minimum of 3.5% down.
1 vote Thank Flag Link Sat May 18, 2013
Best offer...20% or better down.
0 votes Thank Flag Link Sat May 18, 2013
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