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Q-How much money do I need to have to buy a house these days?
A-If you can put 20% (of the purchase price) towards the purchase, you’ll get a much better interest rate but you can still get away with as little as a 3.5% (FHA) or 5% (Conventional) down payment. There are additional costs, such as appraisal, title, and lender fees that vary based on lender. Call one of the lenders (under Service Pro’s) on our website to get an estimate.