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  2. What are construction loans, and how do they work? - AOL

    www.aol.com/finance/construction-loans-154657152...

    Construction loan statistics. Construction loans typically require 20 percent down, at minimum. As of the second quarter of 2023, commercial and non-commercial construction loan volume totaled ...

  3. How much is a down payment on a house? - AOL

    www.aol.com/finance/much-down-payment-house...

    With VA loans, you’ll pay a one-time funding fee, which ranges from 1.25 percent to 3.3 percent depending on how many VA loans you’ve had and your down payment amount. With USDA loans, you ...

  4. Can You Get Away With Making Less Than a 20% Down Payment on ...

    www.aol.com/away-making-less-20-down-120021432.html

    According to the National Association of Realtors, the average down payment for a first-time buyer in 2022 was 8% -- while repeat buyers put down an average of 19%. Making a down payment under 20% ...

  5. Here’s how much you need to make to afford a $400,000 house today

    www.aol.com/finance/much-afford-400-000-house...

    If you put 3% down on a $400,000 home, that’s a $12,000 down payment, while 20% is $80,000 down. In the former case, you’re financing $388,000—in the latter, your mortgage loan would be just ...

  6. SBA loan guide: What they are and how to apply - AOL

    www.aol.com/finance/sba-loan-guide-apply...

    5 to 10 years for working capital loans, 25 years for real estate loans. Down payment. 10%. SBA 7(a) ... Up to 10 years; up to 5 years for Builders CAPLine. Down payment. None.

  7. FHA 203(k) loans: What they are and how they work - AOL

    www.aol.com/finance/fha-203-k-loans-152259886.html

    Credit score and down payment – You’ll need a minimum credit score of 580 with 3.5 percent down, ... but a construction loan has less restrictions around the types of improvements you can finance.

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