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re: Convetional mortgage

Posted on 6/3/14 at 4:15 am to
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 6/3/14 at 4:15 am to
5% is minimum for a conventional.

Conventional is way way cheaper and better.
Posted by Shenanigans
Spring Hill, TN
Member since Nov 2012
2394 posts
Posted on 6/3/14 at 9:05 am to
If you can afford to put down at least 5%, conventional is the way to go.

You still have to pay PMI but it is much cheaper than the PMI on an FHA.

20% on a conventional means no PMI.
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