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Home Buying in Southwest : Real Estate Advice

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Fri Feb 20, 2015
AF Farha answered:
To get the best interest rate on a commercial loan, a buyer would have to make a downpayment of 20% of the sale price. Nevertheless, depending on the borrower's credit, a down payment could generally be as low as 5%. The amount of down payment and other terms required on FHA and VA loans are more flexible. On an FHA loan right now, 3.5% is acceptable. ... more
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