varieties

Conventional: Minimum Down Payment: 5% https://www.forbes.com/advisor/mortgages/conventional-mortgage/ 3% first payment: # first payment if mortgage insurance 20% first payment: if no mortgage insurance not gov backed FHA: Minimum Down Payment: 3.5% gov backed: insured by the Federal Housing Administration VA for veterans USDA: Minimum Down Payment: 0% gov backed: guaranteed by the department of agriculture