Shopping Tips for a Mortgage Loan

Avoiding the 20 Percent Down payment Guidelines


Although lender guidelines recommend minimum down payments of at least 20 percent, you can avoid this often-difficult requirement. If you ask, “How can avoid this guideline? I don’t have 20 percent cash to put down.” Here’s how.


  • If you’re qualified, examine Department of Veterans Affairs (VA) loans.

    VA loans often require “zero down payments” for qualified active duty or retired military veterans. This includes many National Guard and/or Reserve members.

  • Investigate US Department of Agriculture (USDA) mortgage loans.

    USDA also offers “zero

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