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2. Average down payment on a house - AOL

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

   Minimum down payment. Conventional loan (Conforming) 3%. Adjustable-rate loan (Conforming) 5%. FHA loan. 3.5%. VA loan. ... the typical mortgage down payment for a first-time homebuyer was 8 ...

3. How much should a house down payment be? - AOL

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

   It's important to note that the 3% minimum down payment for conventional loans is mainly for first-time homebuyers. If you've owned a home in the past three years, the minimum is generally 5%.

4. FHA vs. conventional loans: What’s the difference? - AOL

   www.aol.com/finance/fha-vs-conventional-loans...

   Down payment: FHA loan vs. conventional loan. Depending on the lender and program, some conventional loans require as little as 3 percent or 5 percent for a down payment. However, 20 percent is ...

5. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   These low-down payment loans include the: Conventional 97 mortgage: This conventional loan, backed by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, requires just 3 percent ...

6. Best lenders for low- and no-down payment mortgages in 2024 - AOL

   www.aol.com/finance/best-low-no-down-payment...

   Credit requirements: 620 for conventional loans. Down payment minimum: 3% for conventional loans, 3.5% for FHA loans, none for VA and USDA loans. Where to find: Branch locations and online.

7. What is the average down payment for first-time homebuyers? - AOL

   www.aol.com/finance/average-down-payment-first...

   Drawbacks of making a smaller down payment. Mortgage insurance requirements: Many conventional loan programs require mortgage insurance if homebuyers put less than 20 percent down.