Conventional Loan Down Payment Requirements
Learn how much you need to save for a conventional loan down payment, including 3% and 5% down payment loan options and alternative loan programs.
July 15, 2024 10 MIN
Learn how much you need to save for a conventional loan down payment, including 3% and 5% down payment loan options and alternative loan programs.
Conforming loans follow guidelines set by Freddie Mac & Fannie Mae. Learn about the pros and cons of conforming loans, how they differ from conventional loans, and if they are the best option for you.
FHA won't finance a property with 2 accessory dwelling units (ADUs). Learn what to consider if you encounter such a property.
When you work for a family business, you can expect to get more questions from your mortgage lender. Learn how to get your mortgage approved.
The 3%-down Freddie Mac HomeOne program has no income limits, expanding opportunities for first-time buyers.
Fannie Mae updated guidelines for applicants with one year of self-employment. Now, you might get approved for a home loan.
Purchasing a home for aging parents is easier and less expensive than you think, thanks to Fannie Mae's Family Opportunity Mortgage.
A new feature offered by FHA can help you get approved for a mortgage if you have 12 months of on-time rent payments.
A roommate can complicate things when you get a USDA loan, mainly because they can push you over income limits. Discover the USDA occupancy requirements and learn how they affect your living situation.
FHA allows you to finance a residential/commercial mixed-use building with just 3.5% down. Discover if you qualify and how it can benefit your property investment goals.
