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  2. What is a down payment? - AOL

    www.aol.com/finance/down-payment-180952544.html

    What is the minimum down payment for a house? For conventional loans, the minimum mortgage down payment is 3 percent. FHA loans require a down payment of 3.5 percent with a credit score of 580 or ...

  3. Down payment assistance: How it works and how to get it - AOL

    www.aol.com/finance/mortgage-down-payment...

    Down Payment Resource: Down Payment Resource, a private company, provides various resources for homebuyers, real estate agents and lenders, including an eligibility and assistance lookup tool. FAQ.

  4. Down payment - Wikipedia

    en.wikipedia.org/wiki/Down_payment

    In accounting, a down payment (also called a deposit in British English) is an initial up-front partial payment for the purchase of expensive goods or services such as a car or a house. It is usually paid in cash or equivalent at the time of finalizing the transaction .

  5. Money transmitter - Wikipedia

    en.wikipedia.org/wiki/Money_transmitter

    Forty-nine US states (sans Montana [4] [5]) regulate (i.e., require licensure for) money transmitters, although the laws vary from one state to the other. [6] Most of the states require a money transmitter surety bond with widely ranging amounts from as little as $25,000 to over $1 million and maintain a minimum capital requirement.

  6. Wire transfer - Wikipedia

    en.wikipedia.org/wiki/Wire_transfer

    Wire transfer, bank transfer, or credit transfer, is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account, or through a transfer of cash at a cash office.

  7. Do you need a down payment to refinance your mortgage? - AOL

    www.aol.com/finance/down-payment-refinance...

    A cash-in refinance involves you bringing money to the table, similar to the down payment you made when you originally purchased the home. As part of the refinance process, you make a single, lump ...

  8. American Dream Downpayment Assistance Act - Wikipedia

    en.wikipedia.org/wiki/American_Dream_Downpayment...

    On December 16, 2003, President George W. Bush signed into law the American Dream Downpayment Initiative (Pub. L. 108–186 (text)), which was aimed at helping approximately "40,000 families a year" with their down payment and closing costs, and further strengthen America’s housing market.

  9. VA loan down payment: Definition and requirements - AOL

    www.aol.com/finance/va-loan-down-payment...

    Let’s say you’re a first-time homebuyer planning to take out a VA loan for $340,000. With no down payment (or a down payment of less than 5 percent), the funding fee would be 2.15 percent of ...

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