Your down payment requirement is most affected by whether your purchase will be owner or non-owner occupied. If you are buying your primary residence, it is still possible to purchase a home for a low or no down payment. We can help you determine based on variety of criteria which program will require the least amount down, if this is your main priority. For first-time homebuyers, there may be specialized programs that can reduce or eliminate your cash requirements, depending on where or what you are purchasing and the details of your particular situation. In contrast, for someone looking to purchase an investment property, a greater down payment is currently required, typically a minimum of 20% down.