The Truth About 5% Down Conventional Loans
Buyers haven't needed 20% down for decades, but the myth persists. All about the 5% down conventional loan.
September 4, 2023 6 min read
Buyers haven't needed 20% down for decades, but the myth persists. All about the 5% down conventional loan.
There are more than 100 areas in the U.S. where the conventional Fannie Mae and Freddie Mac 1-unit loan limit is over $1 million.
Fannie Mae and Freddie Mac cut fees and rates for moderate-income first-time buyers. Here are the details.
With permanent or non-permanent lawful U.S. residency, your mortgage process will be similar to that of a citizen.
Community Seconds can cover your entire conventional down payment and closing costs. Where to find these loans.
Some sellers refuse to accept an FHA offer. What to do if you've been rejected too many times.
When you buy a home from a family member, they may be able to cover your down payment and closing costs without cash ever changing hands.
Most buyers assume they can't get a conventional loan with a bad-condition property. Now you can, thanks to renovation loan programs.
A low-down-payment condo loan could help with affordability challenges that many first-time buyers are facing.
It's now easier to qualify for a mortgage with student loans. Current conventional, FHA, VA and USDA loan guidelines.
