How much do I need for a down payment on a new home?
It can be $0. You do not need to be a veteran or a first-time home buyer.
By Nick GutheryOwner & CEOUpdated Florida & Georgia
There are loans with no down payment, loans with a small one, and programs that help pay it. Which one fits depends on your credit, your income and where the home is.
Most people think they need 20% down. You do not. That number only matters for skipping mortgage insurance on a regular loan.