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Seen a valuable source chart like this and decided to share one with my following 💕 so here it is !!
your downpayment HELP sheet👇🏽
💕FHA - 3.5% down payment
💕Conventional - 3-20% (typically 5%+) down payment
💕VA - 0% down payment
🩷ALL LOANS HAVE CLOSINGS COST!
(You also need to budget approximately another 3% for closing costs)
🏠If you think you’re ready to start your journey towards homeownership, I would love to offer a free buyers consultation!
✨REMINDER: To qualify for a mortgage loan you only need a 580 credit score. 640+ credit score to qualify for down payment assistance, up to 10k. For more details, inbox me💕
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