Profile picture for nativelasvegans2

I have a contract with a piece of property

Do I have to put 20% down to finance it 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
November 16 2013 - Brookside
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (1)

To answer your question I would need to know if it is a piece of land or property with a home. There are so many lenders our there. Your best bet is to find one that offers govt. financing. I know Fha type loans allow you to put a minimum of 3.5% down. VA lending has 100% financing options. If you are in deed just purchasing a piece of land then lenders do require a larger down payment . 20% would not be unusual.I hope this helps!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
November 16 2013
 
Related Questions
I have a contract with a piece of property
Profile picture for Christine A. Hunter
Latest answer by Christine A. Hunter
November 16 2013 | 1 answers
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 4.27 Acres # SR-18, Veyo, UT Home For Sale
    4.27 Acres # SR-18, Veyo, UT 84782

     For Sale: $225,000

    • Beds: --
    • Sqft: --
    • Baths: --
    • Lot: 186001
  2. Gunlock Rd, Gunlock, UT Home For Sale
    Gunlock Rd, Gunlock, UT 84733

     For Sale: $699,000

    • Beds: --
    • Sqft: --
    • Baths: --
    • Lot: 1273258
  3. 1167 N Horsemans Park Dr, Dammeron Valley, UT Home For Sale
    1167 N Horsemans Park Dr, Dammeron Valley, UT 84783

     For Sale: $359,900

    • Beds: 4
    • Sqft: 1966
    • Baths: 2.0
    • Lot: 50965