Do Home Loans Require A Down Payment?
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Getting approval for a home loan in Southern California will require a down payment, with one possible exception. VA loans, for active military, reservists, veterans, and spouses may qualify for a VA loan with no down payment. Although other loans such as FHA, Conventional loans, and Jumbo loans will require a down payment, some loans require as little as 3% for a down payment. Contact our top reviewed team of SoCal mortgage brokers at Summit Lending in Orange County to learn more about down payment options for home loans.