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How much down payment will I need?
 April 24 2015     Posted by


Technically, you’ll need a minimum of 5% of the purchase price (which may be borrowed
under certain circumstances) - but in practice the answer is: none, providing your credit rating is good enough. There are products available on today’s market which facilitate the purchase of a home without actually having a down-payment of your own - for those clients whose beacon score/credit rating meet the qualifying criteria, which is a 650 beacon score.


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