Only 3% Down On This Loan Product…
Hello! Did you know there is a 3% down Conventional loan for first time home buyers? Here are some of the important features of this product… 1) Owner-occupied primary residence only. 2) Minimum 620 FICO score. 3) 3% down payment can be a gift. 4) 1-unit attached and detached single family residence, attached and detached PUDs. 5) Purchase and rate/term transactions. 6) No up front MI (like you would have on FHA). 9) Loan amounts up to conforming limits ($647,200 in Texas). This is a great product. If you meet the credit criteria listed above, and you only want to put 3% down on a house — then call us and we can help you with this. That’s it for today! Have a good day today! …and thanks for reading. For more details please visit our website Berkshire Lending