November 15, 2022
If you want to buy a home without a large down payment, there are plenty of government-backed programs available. But the opportunities don’t end there. Fannie Mae and Freddie Mac […]
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Conventional Loans · Home Buying
November 15, 2022
Editor’s note: Fannie Mae discontinued the HomePath program on October 6, 2014. Buyers must have had a completed home purchase contract dated on or before this date to use the […]
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August 11, 2022
A conventional refinance is any refinance loan that conforms to guidelines set by Fannie Mae or Freddie Mac. This type of refinance is available with as little as 3% equity […]
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Ask Tim · Conventional Loans · FHA Loans · Private Mortgage Insurance
August 11, 2022
Q: I have good credit of about 730. I meet the requirements for both FHA and Conventional 97. I plan to live in the home for 6+ years. Which has […]
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Conventional Loans · FHA Loans · USDA Home Loans · VA Home Loans
July 25, 2022
Low down payment mortgage options Many home buyers believe they need a 20% downpayment to buy a home. This misconception could stop buyers before they start, and cost them years […]
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Conventional Loans · FHA Loans · Home Buying · Private Mortgage Insurance
June 1, 2022
More and more borrowers today are looking for ways to finance their home purchase without making a full 20% down payment. As FHA continues to increase fees, many are turning […]
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Conventional Loans · FHA Loans · Home Buying · Private Mortgage Insurance
March 8, 2022
It’s not always an easy choice. FHA and conventional loans are both widely available, and both can offer competitive mortgage rates. FHA has typically been the mortgage loan of choice […]
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Conventional Loans · FHA Loans · News
January 1, 2022
You want to buy a house. Good for you. But you don’t have a lot of money to put down on it, and your credit history isn’t as stellar as […]
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January 1, 2022
Homeowners who have been locked out of HARP may have another chance to refinance with Fannie Mae’s new conventional 97% LTV “mini-HARP 3.0” program. Fannie Mae and Freddie Mac announced […]
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January 1, 2022
A conventional loan offers low rates, few fees, and an easy approval process. Throughout home finance history, conventional loans have been the first choice for most people buying or refinancing […]
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