California Conventional Mortgage Options – Rates & Requirements
Looking to purchase a home with a low down payment? Consider the 3% Down Conventional Mortgage program, which includes options like Home Ready and Home Possible Mortgages. These programs offer a great opportunity for homebuyers to secure financing with a minimal down payment.
Conventional loans are ideal for borrowers with excellent credit and at least 3% down payment for Home Ready (Fannie Mae) or Home Possible (Freddie mac) or 5% down for all other conventional loans.
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