Updated over 5 years ago on . Most recent reply
Conventional Loan Question
Newbie here. With a 740+ credit score, how much of a down payment can I expect through a congenital loan?
For example, if I wanted to put a down payment on a $200k condo, do I HAVE to put down 20% each time? Thanks for the help!
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Stephanie P.
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Stephanie P.
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@justin elkomy
Depends on a lot of factors, but if you're looking for an owner occupied property and you're a first time homebuyer, you can get as much as 100% combined loan to value if you qualify.
Stephanie