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Updated almost 10 years ago on . Most recent reply

Junior P.'s profile image
Junior P.'s profile image
Junior P.
  • from Miami, Florida
  • Member since Jun 30, 2013
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Junior P.'s profile image
Junior P.'s profile image
Junior P.
  • from Miami, Florida
  • Member since Jun 30, 2013
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Junior P.
  • Miami, FL
3
Votes |
20
Posts
Private Lending & Conventional Mortgage Advice

Conventional loan at 10% down

Junior P.
  • Miami, FL
Posted

Taking in consideration that prices are going up as well as interest rates and also FHA raised its mortgage insurance premium. what are the chances of obtaining a conventional mortgage Loan with 10% down? Many lenders ask for 20% or more down, any thought on the subject? advices and comments are well appreciated! Thank you

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Jesse Rivera's profile image
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Jesse Rivera
  • Lender
  • from Long Beach, CA
  • Member since Jun 20, 2013
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Jesse Rivera's profile image
Jesse Rivera's profile image
Jesse Rivera
  • Lender
  • from Long Beach, CA
  • Member since Jun 20, 2013
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Jesse Rivera
  • Lender
  • Long Beach, CA
284
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474
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Jesse Rivera
  • Lender
  • Long Beach, CA
Replied

My lender has a 3% down conventional loan. 10% is a cakewalk.

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