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How much money will the lender require for a down payment?

April 26, 2017down payment Lender money require

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How much money will the lender require for a down payment?

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Lenders typically require 10-20% down, however smaller down payments are possible depending on the finance amount and the buyer’s credit history. Your down payment can include any equity that you may have in a boat you are trading in for your new purchase.