We offer a 3% down conventional loan option to our first time home buyers. Great opportunity to get into your first home with not too much cash out of pocket.
These loans are known as HomeReady and Home Possible. Not only do they offer a small down payment option and great conventional rates, but a lower mortgage insurance payment as well.
These loans do come with income limits. You can search those up by zip code using the following links:
Special Note: Only one person on the mortgage must be a first time home buyer in order to use this program.