Can you buy a house in Woodstock with less than 20% down?

Buying a Woodstock house with a smaller down payment is common, since FHA, VA and several conventional programs allow a buyer to put down far less than the widely assumed benchmark, with the exact minimum set by the loan program and lender. A smaller down payment can mean mortgage insurance on some loan types, which a lender factors into the buyer's monthly payment estimate. Joel Boss reviews those trade-offs with Woodstock buyers against their actual budget.