hi. i’m samuel. i found a home i want to buy. i don’t have a lot of money for a down payment. can i still…

hi. i’m samuel. i found a home i want to buy. i don’t have a lot of money for a down payment. can i still buy a home? what should samuel know about down payments? a. there are loans with low or no down payment required. b. a 20% down payment is always required. c. a lower down payment means he has to borrow less money.

hi. i’m samuel. i found a home i want to buy. i don’t have a lot of money for a down payment. can i still buy a home? what should samuel know about down payments? a. there are loans with low or no down payment required. b. a 20% down payment is always required. c. a lower down payment means he has to borrow less money.

Answer

Brief Explanations:

In the real - estate and finance market, there are loan programs like FHA loans, VA loans that may require low or no down payment. A 20% down payment is not always mandatory. A lower down payment actually means borrowing more money.

Answer:

A. There are loans with low or no down payment required.