Our down payment requirements vary by program and credit score. We’ve listed the average down payment requirements below for each program:

  • FHA: The FHA down payment required is 3.5% of the purchase price
  • VA: Qualifying Veterans can qualify for up to 100% financing
  • USDA: Properties that fall into the USDA Rural Housing Program qualify for 100% financing Conventional: Conventional mortgage loan programs require a minimum 5% down payment of the purchase price