Can You Buy a Home With Less Than 20% Down? - 1st Florida Mortgage
Florida mortgage lenders may require a higher down payment on an FHA loan depending on the borrower's credit score and financial history. However, several mortgage programs are available that allow for a smaller down payment. The down payment requirements range from 3% to 20%. The proper amount of down payment is decided by your financial condition, the loan program, and your buying home.
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