Can You Get A Conventional 97 Loan With No PMI?
Surprisingly, you may be eligible for a low-down-payment conventional loan without mortgage insurance.
June 27, 2023 4 MIN
Surprisingly, you may be eligible for a low-down-payment conventional loan without mortgage insurance.
Use these tactics to get better rates on this 3%-down conventional mortgage.
Conventional loans require just 3% down, but that's a significant barrier for many buyers. Here are lenders that combine proprietary down payment assistance programs with the Conventional 97 loan.
New homebuyers don't often have a large down payment. Is a Conventional 97 loan worth considering?
Here's what you need to know when deciding between an FHA and Conventional 97 loan.
You want to sell your home fast. Will an FHA offer derail your plans if you accept? Let's find out.
New homebuyers can access an FHA or conventional loan with the same lender, but not always. Here's what to ask your lender.
FHA loans are a fantastic homebuying program. They allow many buyers with lower credit scores and incomes to buy a home. But are there downsides to these loans?
FHA often comes with lower mortgage rates than conventional loans -- sometimes much lower.
FHA MIP is better for borrowers with lower down payments, higher debt-to-income ratios, and lower credit scores. Conventional PMI is better for borrowers with larger down payments, lower debt-to-income ratios, and excellent credit scores.
