Conventional loans can be utilized for your primary residence, second home, vacation home or investment purchases. Conventional loans do have minimum down payment requirements for first time home buyers and experienced home owners. Mortgage Insurance can be eliminated when financing your home with a 20% down payment. Mortgage insurance can also be eliminated once your loan reaches a loan to value less than 80% if you opted for the lower down payment for your initial purchase. Contact me today and let’s see what works best for your family!
