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When applying for a mortgage the home's price, there's less lenders tend to ask for could leave you strapped for more favorable terms.
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FHA Loan vs. Conventional Loans (Mortgage): The Pros and Cons Before You Choose - NerdWalletIt may no longer be necessary to put down 20% when buying a home. Find out what affects the required down payment and which loan type suits you best. That depends on the purchase price of your home and your loan program. Different loan programs require different percentages, usually ranging from 5% to 20%. A must prepare a 20% down payment of the house value of 1 million baht and the bank will be able to provide loans up to 80% of the home value, not more than 4.