Ask Mike! »  Min. Down Payment

Q: What is the minimum down payment I can make on a home?

A: Today, there is no minimum down payment required. Many programs are available with little or no down payment - even for first time home buyers.

We are able to tailor your loan and down payment to meet your needs and financial resources. With housing prices as high as they are, homeownership would be impossible for many without low down payment options.

With a down payment of less than 20%, mortgage insurance may be required or a combination of a first and second mortgage may also help you obtain your goal.