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Can I get a mortgage with a low down payment?
Posted : 28/04/2024 3:12 pm
Yes, you can get a mortgage with a low down payment, especially as a first-time home buyer. Here are some examples of mortgages with low down payments:
Conventional 97 loans: 3% down
Fannie Mae HomeReady loans: 3% down
Freddie Mac Home Possible loans: 3% down
FHA loans: 3.5% down
VA loans: 0% down (for veterans and active military members)
USDA loans: 0% down (for borrowers in rural and some suburban areas)
Posted : 30/04/2024 10:08 pm