Minimum Down Payment: 10%
To qualify for Doorly, you must bring at least 10% of the purchase price as your down payment.
This gives you immediate equity and keeps your payments manageable.
Acceptable Sources for Down Payment & Cash to Close
Doorly accepts funds from:
Personal Funds
Checking accounts
Savings accounts
Money market accounts
Gift Funds
Allowed from:
Family members
Spouses or partners
Domestic household members
Gift letters may be required.
Retirement & Investment Accounts
We accept:
401(k) withdrawals or loans
IRA distributions
Brokerage/investment account transfers
Borrowers must follow IRS rules for withdrawals.
Unsupported Sources
Doorly does not allow:
Down payment assistance programs
Cash-on-hand with no documentation
Cryptocurrency as an unverified source
Payday loans or cash advances
How Much Will I Need for Closing Costs?
Typically 3%–6% of the home price, depending on:
Origination fees
Title fees
Taxes
Scheduled date
Recording fees
Your exact numbers will be provided before closing.