The amount of down payment required depends on how you intend to use the property, (eg. primary residence, 2nd home, investment.)
Typical Down Payment Requirements:
Primary Residence:
0% VA3 % FHA3% - 3.5% HomePath20% Conventional25% Portfolio
2nd Home
3% - 10% HomePath20% Conventional30% Portfolio
Investment
3% - 10% HomePath30% - 35% Portfolio
*Additional factors may affect down payment requirements. Your lender can help guide you through the various options.