How much of a down payment will I need to buy a home?

How much of a down payment will I need to buy a home?

Ron Goodlin (Mortgage Banker and Broker, The Goodlin Group) gives expert video advice on: How much of a down payment will I need to buy a home?; What can I do if I have little or no money for a down payment?; What are the risks of putting "zero down"?

Nowadays you can put no money down when buying a home. It's based upon what you can qualify for, so if you make a lot of money and you want to buy an expensive home, but you don't want to put any money down, then that particular bank is going to look at your income and how strong you are from a liquidity standpoint with reserves. But yes, overall 5%, 1%, everything's out there now.