: 10% to 20% down . These are for luxury properties or high-cost areas that exceed conforming loan limits (usually above $832,750 in 2026) . Why Choose 20% vs. a Lower Down Payment? Advantages of 20% Down Pros and Cons of a 20% Down Payment - Experian
: 3% down . Specifically for qualified first-time homebuyers through programs like HomeReady or Home Possible .
: 3.5% down . Requires a credit score of at least 580. If your score is 500–579, a 10% down payment is required .
: 10% to 20% down . These are for luxury properties or high-cost areas that exceed conforming loan limits (usually above $832,750 in 2026) . Why Choose 20% vs. a Lower Down Payment? Advantages of 20% Down Pros and Cons of a 20% Down Payment - Experian
: 3% down . Specifically for qualified first-time homebuyers through programs like HomeReady or Home Possible .
: 3.5% down . Requires a credit score of at least 580. If your score is 500–579, a 10% down payment is required .
