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Yes You Can Buy a House with Only 3% Down!

 

Everyone knows that interest rates are at historic lows, but many people don't know that lenders now offer 3% down payment loans that put home buying within reach. Most of these are conventional, 30-year fixed rate mortgages that make sense for people with good jobs, but who don't have a lot of cash on hand.

 

And while conventional loans are optimal for many buyers, they are not the only option. Even FHA loans with their much dreaded mortgage insurance (MI) recently slashed their MI fees in half to incentivize buyers. If you're renting in the DC area, it makes sense to explore these loan options to see if one may hold the keys to homeownership. 

 

Contact me today to discuss!

 

Colleen Cancio

202.460.0828

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 Colleen Cancio, GREEN

Colleen@WhereDoYouDwell.com


(202) 460-0828

 

Dwell Residential Brokerage DC 

Green Designation Realtor Capitol Area

 

 

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