How The 3% Down Conventional Product Works…
Here’s an easy way to put down only 3%, pay no up front Mortgage Insurance, and get a very competitive rate… …It’s Fannie Mae’s 97% purchase product! Here are some of the important features of this product… 1) Owner-occupied primary residence only. 2) Minimum 620 FICO score. 3) Seller contributions up to 3% of sales…