California Conventional Loans

[Frank Dawson]

I've read and heard so many people talking about FHA loans for house hacking since and etc., but some write about the conventional loans LA - https://www.lbcmortgage.com/co... (with 3% down and credit rating must be 630). Is it it true?

My situation:

- $61K (gross income)

- No Debt

- Credit score is 620+

I live in a high cost of living area San Francisco, CA, so houses are definitely not cheap, but putting 3% down does make it a little easier. Are there other loans ? Definitely will be talking to some loan officers soon, but wanted to hear your thoughts on this and any other advice you have for someone in my situation.