Our Conventional Financing Requirements:
With a Conventional Loan you can put down only 5%.
You will not have to pay mortgage insurance or MI once your home is 20% paid off. If you put 20% down when buying, you can avoid the Upfront Mortgage Insurance Premium and mortgage insurance altogether. If you put down 20%, doing so will save you thousands of dollars at the close and you will never pay for monthly mortgage insurance.
Our Conventional financing includes:
5% down financing with 640+ FICO
5% down financing on manufactured homes