The down payment is the difference between the purchase price, amount financed and closing costs. Most lenders look for 5-35% down, depending on what you are buying and your situation. Self-employed borrowers may be required to have 10% or more.
Talk to Caroline to develop a strategy to get your down payment in place and how much you'll need for the property you want.
Call 1-800-757-0412, 8 am to 8 pm Pacific Time.