5% Down Conventional Loans in Arizona

Mortgage and Lending with Homeowners Financial Group USA, LLC

We all deserve good news now and again --- So for this week, take the new 95% Conventional Program to the Bank.

In light of FHA raising their Upfront MIP to 2.25% this week, there is now another option for those willing to put an extra 1.5% down in cash on a new home. 

Here are the details on the 95% Conventional Program: 

  • Primary Residence only
  • 1st Time Home Buyers and Move Up Buyers
  • Monthly Multiple as high as .94% ($195K loan the monthly mortgage insurance is $151 est.)
  • Credit Score above 720
  • DTI Ratio at 45% or less

Good information to have just in case you find any buyers that want to put less than 10% down but not go through FHA.

Hope this works for you.


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Vickie Slade
Colorado Landmark, Realtors - Boulder, CO
Service You Can Trust ~ Someone You Can Depend On


Is this program available in other states as well?  I haven't heard of it here in Colorado yet.


Apr 08, 2010 10:33 AM #1
Eric Murrietta
Homeowners Financial Group USA, LLC - Scottsdale, AZ

We are able to offer the product as Platinum Members with Radian and Genworth (both Mortgage Insurance Companies).

It may be available in Colorado, but it will depend on the mortgage company.

Apr 08, 2010 10:40 AM #2
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Eric Murrietta

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