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Started By
Message
re: Simple Question about being pre-approved for a mortgage
Posted on 1/6/13 at 8:51 am to kaaj24
Posted on 1/6/13 at 8:51 am to kaaj24
quote:
If you have great credit you can put down 5%. Ask you're lender for your specific situation.
shite, I thought with an FHA and good credit, you only had to put down 3%? Is that not the case anymore?
It was an option when I purchased 1.5yrs ago
1
Posted on 1/6/13 at 9:15 am to Lsut81
quote:
shite, I thought with an FHA and good credit, you only had to put down 3%? Is that not the case anymore?
FHA is still 3.5% minimum. 5% is conventional.
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