The down payment you will need to provide is normally anything between 3% and 20% of your home. Whatever the total cost of your home is, but there are other factors you have to take into consideration as this will determine the amount of your down payment.
They will take all of your information to look at and they will use things like your initial income, your credit history, the kind of mortgage and the total cost of the home you would like to purchase, in order to determine the down payment amount they will require. This is why it is important that all your accounts and things are up to date as it would prove to be beneficial in this situation. You might have to pay a high down payment because of some of your accounts that are in arrears or the fact that you don’t have any accounts; it is good to have constantly paid accounts for them to reference.
There are also loan options that the lender will offer which require no down payment at all, you should enquire about things like this before you make a final decision.
It all boils down to one thing; if you have a good money history, you shouldn’t have a problem, just make sure you maintain that reputation and purchasing will be a breeze!