Conventional 3% Down Loans

3If you are struggling to afford a large down payment, a conventional 3% down loan may the the right choice for you. Below are some reasons individuals choose to pursue this loan options over a standard FHA loan.
– Down payment as low as 3%, even for first-time buyers
– Reduce or even eliminate monthly Mortgage Insurance (not possible with FHA)
– Typically faster, easier and with a lower monthly payment than FHA
– Use gift funds for your entire down payment