Low Down Payment Mortgage Options (Second Property)

[Anthony Fecarotta]

Hello,

I currently own a property I purchased with 3% down via Home Possible. I want to purchase a second property and I can afford a 5% down payment. Without using Home Possible again, which other programs are available to me? I saw Home Ready as one, but not sure if that applies to me as I already have a Home Possible mortgage out there.