First-big date homebuyer loan applications

Mortgages aren’t you to definitely-size-fits-all of the. They truly are financing applications having borrowers with lower-to-reasonable profits, down fico scores, and you can minimal initial dollars.

• Conventional finance (min. 3% down)
• FHA fund (minute. 3.5% down)
• Virtual assistant funds (minute. 0% down)
• USDA money (minute. 0% down)
• Jumbo fund (min. 10-20% down)

Traditional loan

Antique fund are definitely the preferred types of home loan. [Read more…]