Term: USDA loan
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Do You Really Need to Buy a House?

By Steven Shaw on 8/21/2014

How Much of a Down Payment Do You Really Need to Buy a House?

Looking to get your foot in the door (of your new home)? If you’re a renter who’s tired of paying someone else’s mortgage, now may be the time to pursue the American dream of homeownership. In fact, the days of needing a 20% down payment are long gone. While you can always elect to put down the full 20% or more, there are now many alternatives available. Here’s what you want to know if buying a house is in your future.

Conventional Mortgage
FHA Loan
Jumbos loans
Mortgage Down Payment
USDA loan
VA Loan