: This is the portion of the purchase price you pay upfront. While 20% is often cited to avoid private mortgage insurance (PMI), many buyers put down as little as 3% to 3.5% .
: Fees for legal work, appraisals, and taxes, usually ranging from 2% to 5% of the home's purchase price. things needed to buy a house
You must prove your financial health with the following paperwork: : This is the portion of the purchase price you pay upfront
: Signed copies of federal tax returns for the previous two years. things needed to buy a house