If you’re in the market to purchase a home with less than 20% down, following is some very useful information. Brenda Alfano of Absolute Mortgage does a great job of sharing her wealth of knowledge in layman’s terms.
Wow, is it October already?!? So last month I mentioned that I would talk about Purchase 1st Mortgage options that do not require a 20% down payment – so here they are:
A Fannie Mae or Freddie Mac Conventional 30 year fixed mortgage requires as little as 5% down payment, a bit easier to come up with than 20% down, don’t you think?