Tag Archive for: low down payment

5% Down Jumbo Financing; 10% Down Jumbo; Inflation Up

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Here is something that really surprised me… We have seen a tremendous upswing in the number of buyers asking about low-down-payment (5% to 10%) JUMBO financing. It is so surprising […]Read More

Requirements for FHA Loan Down Payments

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The down payment shouldn't stop your homeownership dream! FHA loans offer a powerful solution with down payment options as low as 3.5%. If you're tired of renting or worry your credit score is holding you back, an FHA loan might be the key you need. Learn the ins and outs, from understanding costs to navigating the application process.Read More

What is the Purchase Plus Program & How Does It Work?

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The Purchase Plus program is a pioneering credit initiative that focuses on helping potential homeowners in underserved communities. With an objective to boost homeownership in certain states, it's quickly becoming a beacon for first-time homebuyers.Read More

Zillow’s 1% Down Loan Program Will DESTROY The Housing Market (or not…)

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How Strippers Bought Houses In the famous movie The Big Short, there was a scene in which a stripper bought multiple investment condos. She was able to do so because […]Read More

How to Buy a House with Only 1% Down

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The dream of homeownership is one that many people aspire to achieve. However, the prospect of saving for a hefty down payment can be daunting, exacerbated by the misconception that […]Read More

Buying a House with No Down Payment: Your Guide to Mortgage Financing

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Discover how to buy a house with no down payment using mortgage financing options that aren't just for first time homebuyers.Read More

3% Down With No PMI Requirements

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Private Mortgage Insurance, often abbreviated as PMI, is a type of insurance that lenders require from homebuyers who make a down payment that's less than 20% of the home's purchase price. But what is PMI on a mortgage?Read More

First-Time Homebuyers = Expansive Term; Maximum Age For Mortgage; Competitors Come to Us

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Competitors Come To Us For A Mortgage We frequently have individuals from competing mortgage lenders come to us for mortgage financing because (1) we have more loan programs than they […]Read More

What Is 5% Down Jumbo Loan Financing?

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5% down jumbo loan financing refers to mortgage loan amounts over the conventional loan limit set by the Federal Housing Finance Agency (FHFA). There are a few main features of 5% down jumbo loan financing that create more stringent guidelines. These main features are credit scores, debt ratios, housing history, reserve funds, and down payment amount.Read More

When 5% Down Scares Away Sellers – What To Do?

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Half of all homebuyers getting a mortgage in April put down over 20%.  In the past ten years, the percentage of homebuyers putting 20% down has exceeded 50% three times. […]Read More

Buy A House With As Little As 3.5% Down Using FHA Loans

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Federal Housing Administration (FHA) loans are a popular financing option among home buyers - especially those in the Bay Area who are contending with high property prices. One of the major appeals to this program is the minimum required down payment. FHA financing allows you to purchase with 3.5% up to the County loan limit. Given this, it is very popular amongst cash-strapped buyers.  Read More

52% of Homebuyers In California & Nationwide Have Down Payments Less Than 20%

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FHA loans are an excellent option for California homebuyers who are in the market to purchase a property but are lacking the funds for a 20% down payment.Read More