Down Payment

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A down payment on a house is a sum of money that the buyer pays upfront in a real estate transaction. The down payment is the amount of cash paid upfront by the buyer at the time of closing.

Premium conventional home loans require a 20% down payment. Some conforming loans will also accept a 5% down payment, and FHA loans will accept a 3.5% down payment.

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Portia Green, REALTOR®

Portia’s clients all have a similar story. Most likely, you met her huddled around a tablet at the dinner table yet she feels like a friend. Her personable nature and easy going approach attract Sellers and Buyers alike, in what can be a stressful and emotionally charged event. A talented REALTOR® with 16 years experience, Portia is just as excited about real estate today as she was with her first transaction. She remains ever-committed to helping her clients find their place in the world and helping busy people navigate this crazy real estate market like a pro.