Goals

Do You Still Need 20 Percent Down to Buy a House?

It’s June, so that means neighborhoods across the country are dotted with “Open House” signs all weekend. Thanks to a drop in home prices nationwide, it’s a buyers market. But what does it take to be a qualified buyer these days?

As part of an ongoing series, we asked Mint users and fans for their top home-buying questions and forwarded them on to some industry experts at CreditSesame.com. Click on the video above to find out the answer to the burning question: Do I really need a full 20 percent down payment to get a mortgage?