First-Time Home Buyer Conventional Loan Program

27.05.2015
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Gift funds, seller contributions, and community second allowed for no out-of-pocket costs. Buy a home without draining your savings account. This attractive 97% LTV home loan purchase program requires only 3% down, which can come from gift funds or community seconds.

-“All gift” down payment allowed from acceptable gift donor

-Community second and seller contributions allowed

-Credit scores as low as 620

-No mortgage insurance option available

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