Conventional Loan Down Payment
How Much Down Payment Is Required for a Conventional Loan?
Conventional Down Payment Options
How Lenders Treat Your Cash
What Counts Toward Down Payment
PMI vs. Larger Down Payment
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Related Blog Posts
Frequently Asked Questions
See How Much Down Payment You Really Need
First-time buyers can often put as little as 3% down on a conventional loan. Repeat buyers usually need 5% or more — and 20% down lets you skip PMI entirely. Here is how the math works.
Your down payment sets your loan-to-value (LTV), PMI cost, and how competitive your offer looks to sellers.
Down payment funds must be sourced and seasoned. Bank statements, gift letters, and retirement withdrawals each have documentation rules. We map your cash sources before you write an offer.
Second homes and investment properties need larger down payments — often 10% and 15–25% respectively — so occupancy matters as much as the percentage.
Putting less down is not automatically worse — it depends on cash flow, reserves, and how long you will keep the loan.
Related guides to help you compare options and move toward pre-approval.
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We will price 3%, 5%, 10%, and 20% down scenarios with real PMI and rate quotes.
- window.open('https: Conventional Overview Conventional Down Payment Options Your down payment sets your loan-to-value (LTV), PMI cost, and how competitive your offer looks to sellers. How Lenders Treat Your Cash Down payment funds must be sourced and seasoned. Bank statements, gift letters, and retirement withdrawals each have documentation rules. We map your cash sources before you write an offer. Second homes and investment properties need larger down payments — often 10% and 15–25% respectively — so occupancy matters as much as the percentage. What Counts Toward Down Payment PMI vs. Larger Down Payment Putting less down is not automatically worse — it depends on cash flow, reserves, and how long you will keep the loan. Keep Exploring Related guides to help you compare options and move toward pre-approval. 2MG Daily Related Blog Posts Recent articles from our blog on conventional loans, credit, and homebuying. {blogLoading ? ( ) : blogError ? ( Try Again