Down Payment Assistance Options

Options for Down Payments

When looking at your mortgage options, often the first place to focus is the down payment requirement. Different loan programs have different requirements, with some as low as 3% down. Depending on the program, you can also receive gifts towards the down payment or work with a local program for assistance with the payment.
Options That Work for You
With the best programs and products available, let our dedicated Mortgage Consultants find the right program for you. Many of the FHA and Conventional loan programs offer minimal down payments with flexible qualifying criteria.
Planning for the Long Term
When it comes to choosing a type of loan for your home mortgage, every situation is unique. We’ll work with you to find the right loan options that make the most sense for you, now and in the long run.
Get More Information
Contact us today to learn more about FHA and Conventional loan options and get answers to frequently asked questions.

Down Payment FAQs

How much do I need for a down payment?

The down payment required varies based on what program you qualify for and what mortgage arrangement you choose. Currently, FHA loans will allow as little as 3.5% down and VA loans allow 0% down. Other loan arrangements that include Private Mortgage Insurance (PMI) or subordinate financing can also greatly reduce the down payment required. Cambria Mortgage consultants can discuss all these options with you.