Palm Springs, California Desert Resort Home Buyers Guide
REALTOR Steve Stewart (DRE#01849518), Keller Williams Realty, Palm Springs,
stevestewart@kw.com. Copyright 2011 All rights reserved
55+ Senior | Condos & Townhomes | Country Club & Golf | Foreclosures | Investments | Lots & Land | Luxury | Mobile/Manufactured | New | Short Sales
DOWN PAYMENT REQUIREMENTS
Most loans today require a down payment of between 3.5% and 5.0% depending on the type and terms
of the loan. If you are able to come up with a 20-25% down payment, you may be eligible to take
advantage of special fast-track programs and possibly eliminate mortgage insurance.
