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How much money should I expect to put down on a new purchase?
How much money should I expect to put down on a new purchase?

What is the minimum down payment?

Ben avatar
Written by Ben
Updated over a week ago

We always require buyer equity on new purchases, exactly how much will depend on the loan type and valuation. The more money you put down, the better terms we can offer you. Generally, expect to bring at least 15% of the purchase price, plus origination fee and closing costs.

Here is an article that explains in detail on how we calculate the maximum loan amount.

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