How much of a down payment do I need to purchase a new home using a forward mortgage?
We have programs offering as little as a 3% down. We also provide VA loans, which finance 100% of the purchase price for eligible Veterans. The more down payment you can provide, the lower your interest rate and monthly payment will be. However, we have loan programs with as little as 3% down, 3.5% for FHA loans, and 0% for VA loans!