Do I need a down payment?

When purchasing a home or any real estate property, a down payment is generally required.  For first mortgage financing, Amerimutual Mortgage is able to offer products with low down payment financing.  Opportunities are dependent on the loan purpose, loan product, credit profile and occupancy of the property.

  • Loans may be up to 95% of a property’s current appraised value.
  • A loan officer will assist you in understanding how this affects your loan.