8340 Mission Rd, Ste 240, Prairie Village, KS 66206

What is the lowest down payment I can use to purchase a home?

Each loan program dictates the down-payment amount that is required.

For VA loans, there is no down-payment required (0% down). For FHA, the minimum is 3.5%. And for Conventional, the minimum down-payment amount is as low as 1%.

Limitations apply to these requirements, depending upon your particular loan scenario, income or credit scores.

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