Tag: My Community Mortgage

Updates for Fannie Mae Conventional 97% Mortgage Loans

FANNIE MAE CONVENTIONAL 97% MORTGAGE LOANS A Conventional 97% mortgage loanĀ is a Fannie Mae home loan that allows homeowners to purchase a home with only a 3% down payment. It is a great misconception that all conventional mortgageĀ loans require a 20% down payment however many options for alternative financing do exist with low down payments… Read more »