Home Buying Quiz How much do you know about home buying? Enter your contact information to get started. Email Name Phone Number 1. How much do you need to purchase a home? 3.5% 0% to 10% 20% 2. What is the minimum credit score when purchasing a home? 720 645 580 3. Can some people use their retirement account to purchase a home without penalty? Yes No 4. Are there first time home buyer programs in Maryland & Washington DC? Yes. State and local jurisdiction programs are available. No programs available Yes, Only State programs 5. What is an earnest money deposit? A deposit you make with your offer on a house. A bribe, to win The total amount in your bank account. Time is Up! Time's up
