• Tel: (651) 552-3681

    Home Purchase - Home Refinance
    Serving MN WI IA ND SD

    Cambria Mortgage application Cambria Mortgage My Account Cambria Mortgage app

  • Interest Rates You Can Brag About

  • How much do I need for down payment when buying a home is a super common question, especially for first time home buyers.

    Unfortunately, there is no quick answer, as it varies based on many factors including loan type, property type, and credit scores. The easiest answer for most people is to not try figuring it out on your own, and to simply connect with a Cambria Mortgage Loan Officer to quickly review your personal situation, to get your personal answer.

    Basic down payment options include:

    • Zero down payment for VA loans for our military personal, and for USDA rural housing loans.
    • Standard conventional 30-yr fixed rate loans start at just 3% down, but you get better deals with bigger down payments.
    • FHA loans start at just 3.50% down payment.
    • Popular Minnesota down payment assistance loan require you to put no less than $1,000 down payment.
    • Typical investment property loans start with 20% down, and 2nd homes start at 10% down.

    Ready to get started? Simply call our Mortgage Loan Experts at (651) 552-3681, of click any of the APPLY ONLINE links on this website

    About Cambria Mortgage

    Owned and operated by the family that provides luxury natural quartz surfaces, Cambria Mortgage is committed to the same standards of service, quality and integrity. A family-owned business in Minnesota, Cambria is the leading producer of quartz surfaces in North America. Cambria Mortgage is headquartered in Eden Prairie, MN. As a full service mortgage company, they offer a wide array of products, including Conventional, FHA loansVA loansRural Development loans, and even Non-QM loans, like asset based loans, or bank statements for income proof loans for the self-employed.  For more information, contact us.

    NMLS 274132 – Equal Housing Lender – Serving MN, WI, IA, ND, SD. Not an offer to enter into an interest rate lock agreement