Zero down conventional financing is available:
Structure: 5% gift + 95% mortgage; if you have good credit (720+ scores),
this would probably allow you to buy more house (higher purchase price) - because
the MI (mortgage insurance) would be significantly lower on the convention loan.
- Al Rodenburg, Sr. Mortgage Loan Officer/CMPS certified/NMLS# 272775
email@example.com (281) 236-5743
FLAGSTAR Bank - lending in all 50 states... more