How Little Down for How Big a Purchase?

Let's face it unless someone is selling a house with lots of equity for an up-leg purchase, making a sizable down payment may not be an option. The government has long recognized that accumulating a down payment is the primary barrier to homeownership and has developed loan programs with lower down payment requirements to make owning possible for more people. With the recent announcement of higher loan limits for Conventional, FHA and VA loan programs let's review how much house can be had for how little upfront cash.  Here's a cheat sheet.



Structuring financing around your specific scenario and goals can have an enormous impact on your real estate investment experience and results. I encourage you to start working on your financing early on for greater clarity and confidence.