How much does it take to meet the down payment requirements to buy?
Some people might spit out a quick answer with a % amount without hesitation because of what they have heard in the past. The amount that you have to bring to the closing table to purchase your home varies. So the true answer to the question is
– It depends on what type of loan program you are using
– It depends on what your agent has been to negotiate on your behalf and seller contributions
– It depends on whether you have been able to utilize down payment assistance programs to your benefit (and don’t get it twisted and think that you might make too much money or the house cost too much to qualify for such a program – you just might be surprised).