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How Big of a Down Payment Do I Need?

December 1, 2012 by Carmen Brodeur

If you are considering buying a home with financing, your first question may be regarding the size of the downpayment. We are commonly asked about down payment requirements. Each lender is, of course, different and has different requirements. It is always best to get your information directly from your bank or lender about their particular programs.

In general, most traditional mortgage companies have required a down payment of approximately 10 to 25 percent of the price of the home. You may qualify for programs that require a smaller down payment. Programs exist for veterans, middle to low income families and others. These programs do, however, come with a higher interest rate.

Email me at Carmen@TopScottsdaleHomes.com to schedule an appointment to view any Scottsdale real estate. We would be happy to show you homes or condos in Scottsdale.

 

Carmen Brodeur JD
Realtor
Trillium Properties, LLC
9825 E Bell Road, Suite 120, Scottsdale AZ 85260
(602) 791-0536
Carmen@TopScottsdaleHomes.com
www.TopScottsdaleHomes.com

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Carmen Brodeur Scottsdale RealtorVoted in the Top 3 Real Estate Agents in Arizona by the readers of Ranking Arizona Magazine, 2015-2022. Her background as an Attorney gives her special expertise with contracts and negotiations. Carmen has a proven track record of success with buyers and sellers in Scottsdale.

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Your Scottsdale Real Estate Connection

Whether you are buying or selling, we are committed to providing you with exceptional service. Put our experience to work for you. Contact Carmen Brodeur today at Carmen@TopScottsdaleHomes.com

Our Office

We are conveniently located in North Scottsdale.

Trillium Properties, LLC
20715 N. Pima Road, Suite 108
Scottsdale AZ 85255
(602) 791-0536
Carmen@TopScottsdaleHomes.com
 
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