One key requirement for buying a home is saving up enough money for a down payment. You may have heard that putting down 20% is ideal, but minimum down payment requirements actually start at around 3% ...

CNBC Select names the best mortgage lenders for borrowers with a low down payment.

Receiving gifts from loved ones can make it easier to come up with the cash for a down payment and buy a home. If you want to use gifts alongside a home loan, though, you'll need to provide ...

If U.S. wealth were split evenly, could everyone afford a $1 million home? Explore the math, the myths and what equal wealth ...

If you’re a first-time homebuyer who hasn't saved enough to make a large down payment or are concerned you might not qualify for a conventional home loan, a Federal Housing Administration (FHA ...

A minimum down payment of 20% can make financing deals less expensive in the long run. The down payment "reduces the principal loan amount and the interest you're likely to pay" according to Chase ...

Minimum down payment 0% if moving forward with a USDA loan; 3% if moving forward with HomeReady or HomePossible; 3.5% if moving forward with FHA loan.

Conventional: A conventional loan, the most common type of mortgage, usually requires a minimum credit score of 620 and a minimum down payment of 3 percent (although you’ll have to pay for ...

Non-QM loans serve borrowers who don’t meet traditional lending requirements. In exchange, they may need to make a larger down payment and pay a higher interest rate.

Funding an FHSA is a good way to speed up your down payment savings. Learning more about Canada's minimum down payment requirements can help you better prepare for your pursuit of a home.