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What is the minimum down payment requirement for a conventional loan, and FHA and VA loans?

April 26, 2017conventional down payment FHA loan Loans minimum requirement VA

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What is the minimum down payment requirement for a conventional loan, and FHA and VA loans?

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Conventional loans come in many forms. Down payment requirements vary from no money down to 20% down. An FHA loan requires 2.25% down payment and a total investment of 3% in the purchase transaction. A VA loan requires no down payment; however, the borrower must be an eligible veteran. Ask your loan officer for details on any of these programs. Back to top.