First-Time Buyer 3 Percent Down Payment Conventional Loan
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First-Time Buyer 3 Percent Down Payment Conventional Loan

What Are The 3% Down Payment Conventional Loan Requirements And Guidelines? Fannie Mae and Freddie Mac allow a 3% down payment on conventional loans for first-time homebuyers. A first-time homebuyer is a buyer who had no ownership of a home in the past three years.

How Do You Know When Your Are Ready To Buy a Home
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How Do You Know When Your Are Ready To Buy a Home

How do you know if now if the right time to buy a home? By understanding the risks and rewards and asking yourself some tough questions about your goals and your resources. This article covers the pros and cons of owning a home and helps you determine if now is the right time to buy one.