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Is the down payment different in different states?

Is the down payment different in different states? How do I know how much the down payment is for a house?
Asked By Noah | Hays, KS | 211 views | Buying | 9 months ago
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Jared Labarga

RE/MAX Gold

(92)

Hi Noah. I highly recommend you speaking with a licensed lender. They can guide you on the needed down payments for different loan programs. Buying in other states MAY require higher down payment as the lender might deem the purchase as an investment purchase.

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