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  • ALL YOU NEED TO KNOW

    How much do I need for a down payment on a home?
    The amount you need for a down payment depends on the type of loan and your financial situation. While 20% is a common benchmark, many buyers put down less—some conventional loans allow as little as 3%, and FHA loans require just 3.5%.

    What’s the difference between pre-qualification and pre-approval?
    How does my credit score affect my mortgage rate?
    What are closing costs, and how much should I expect to pay?
    How long does the homebuying process usually take?
    Can I buy a home if I’m self-employed or have irregular income?
    What’s included in my monthly mortgage payment?

    What is a 2-1 buydown, and how does it work?

    Who pays for the 2-1 buydown—the buyer, the seller, or the lender?

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