Myth or Fact: Is a 20% Down Payment a Requirement?
If you put less than 20% for a down payment, can you still qualify for a home loan? Watch to find out!
Video transcript
Myth or Fact: I must have a 20% down payment for a home loan?
Myth.
A 20% down payment is not a requirement. Some lenders accept down payments as low as 3.5%, depending on the loan program.
Find out if you qualify. Call a New American Funding loan officer today.
