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Down Payment

Down Payment
        The down payment is the amount the buyer is required to put towards the purchase price of the property so that the lender can secure the loan.  The down payment usually ranges from 0% - 20% depending on the type of purchase (owner occupant or investor), credit rating, and lending package.  The most common down payment is a 2.25% FHA insured loan for owner occupant purchases.

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The Hawkins Group
Century 21 Advantage Realty
9344 Lanham Severn Rd. #102    Lanham, Maryland 20706
Toll Free:  1-888-220-2776    Office:  301-552-5730   Fax:  (301)577-7737

©Copyright 2004-2007  All rights reserved.
Information Deemed Reliable But Not Guaranteed. Neither CENTURY 21 Advantage Realty nor the service providers for CENTURY 21 Advantage Realty are liable for any errors or inaccuracies in the information provided through this website.  Each Office is Independently Owned and Operated.  Equal Housing Opportunity.
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