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Seatac : Real Estate Advice

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Sun Jun 24, 2012
Dan Tabit answered:
Ma.fe,
It depends, for a primary residence in SeaTac, you can do as little as 3.5% down for FHA, 5% down for Conventional, 20% down will avoid mortgage insurance which will save you some money.
As an investor, you will need at least 20% down and get better terms at 25%.
All of this of course is dependent on approval by a lender. Lenders have a number of programs to offer depending on your situation, contact an agent for a referral to find out what may be available for you.
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