Do I have to put 20% down to buy in Milton or Roswell?

A large down payment is not required to buy in Milton or Roswell, since FHA, VA and some conventional programs allow a buyer to put down far less, with the exact minimum set by the loan program and lender rather than a citywide rule. A bigger down payment can lower a monthly payment and avoid mortgage insurance on some loans, but it is a choice, not a requirement, for most buyers. Joel Boss reviews these trade-offs with Milton and Roswell buyers against their actual budget.