3% Conventional Loan–Save on Mortgage Insurance!!!

3% Conventional Loan–Save on Mortgage Insurance!!!

Posted by on Dec 18, 2014 in Buying Homes, CA, Chula Vista, Community, Distressed homes, Golden Hill, Investment, mortgage, North Park, Palm Springs, Real Estate FAQ, San Diego, Selling Homes, Slider, South Park, Uncategorized, University Heights

3% Conventional Loan–Save on Mortgage Insurance!!!

3% down, lower mortgage insurance, and no upfront funding fee.  Say it ain’t so… guess what?  It is.  That’s right Fannie Mae just came out with a new 3% conventional loan program that blows FHA out of the water.  For borrowers who qualify this is an amazing opportunity to get into a new home in 2015–oh BTW— you won’t be able to buy a flip home with FHA at all… so this is the program you want anyway.

 

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