Most lenders require how much of a down payment for a house?

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Most lenders require a down payment of at least 20% of the purchase price of the home. This is to ensure that the borrower has some stake in the property and is less likely to default on the loan. However, there are some programs that allow for lower down payments, such as FHA loans which require as little as 3.5% down. It is important to carefully consider the down payment amount and associated costs before purchasing a home.

Most Lenders Require How Much of a Down Payment for a House