![]() FHAs Lender Requirements and the online lender application. ![]() This is great news for homebuyers who would otherwise qualify for a mortgage but may not have the resources for a larger down payment. To participate, lenders must be FHA-approved for the Title II loan program. less than a 10 down payment, require mortgage insurance for the life of the loan. ![]() ![]() ![]() The return of the 97% conventional loans has arrived! Effective December 13, 2014, there are two distinctly different 3% down conventional loan options available to qualifying borrowers. Conforming loans also require you to meet Fannie Mae and Freddie Mac. ![]()
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