Conventional 5% Down Payment

Looking to buy your dream home with a manageable down payment? The Conventional Fannie Mae loan program is perfect for buyers who want a low down payment option without sacrificing flexibility or affordability. This program is especially designed for first-time homebuyers and repeat buyers who meet the qualification guidelines, making it a great choice for those seeking a conventional financing option.

With just 5% down, this loan program offers competitive rates and a wide range of property types, including single-family homes, condos, and townhouses. To qualify, you’ll need a minimum credit score of 620, the home must be your primary residence, and you’ll need to demonstrate stable employment or consistent income. While first-time buyer status is not required, additional perks like Down Payment Assistance may be available to help with upfront costs, further reducing your out-of-pocket expenses.

Want to learn how this loan can work for you? Watch the short video below for a detailed overview, or click to schedule a meeting with a loan expert today. We’re here to make homeownership accessible and achievable for you!