If your tired of dealing with all of the added hurdles associated with an FHA mortgage? Did you know that a conventional 3% down loan option is still available for some borrowers! That is right, finally a solid conventional alternative to an FHA loan. Not all borrowers will qualify for this program, but many will and it is a solid alternative to an FHA loan.
This program is not likely going to help clients with credit scores on the lower end of the spectrum. However, some clients with average and less then perfect credit will find this a lifeline to avoid the much higher cost of an FHA loan.
For our clients that have a smaller down payment we will review all options to insure we find the lowest overall borrowing cost.
While this program is not perfect for all borrowers, it will save some clients a ton of money. If I can be of assistance, please contact my office at 616-931-4629 or via email at dan@danmoralez.com. Clients can also complete a no cost, no obligation application on my website at www.danmoralez.com.
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