LogFAQs > #972866026

Payzmaykr posted...

Thats what Im considering, too. What percentage of the homes value is the down payment these days? I might not have much money, but I do have an excellent credit score so maybe that can help.

Average is 5-20%. The more you put down the better your interest rate. When you're in a competitive market though you're likely need alot more to compete.

But if you're losing out to family's then I'd recommend looking for smaller 2 bed homes. As most family probably aren't interested in ones that small.