Conventional 3% Home Possible & Home Ready 

The 97% loan-to-value (LTV) purchase program allows homebuyers to purchase a single family residence, condo, or PUD with only a 3% downpayment. Take advantage of this conventional alternative to the FHA 3.5% down loan program. 

Now that conventional 3% down payment loans are available, buyers have a real alternative to FHA (a low down payment federal mortgage loan backed by the Federal Housing Administration). While the FHA loan has its benefits, it comes with high upfront fees and permanent mortgage insurance. The 3% Conventional laon is a better loan in the long run. 

Apply Now and Get Qualified!