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A conventional loan that doesn’t require 20% down? (No, really) | Home & Living | pilotonline.com

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Not so fast. There is another, lesser-known loan program called the HomeReady mortgage from Fannie Mae. With the HomeReady mortgage, you can use as little as 3 percent for the down payment. The 3 percent option is also lower than a typical FHA loan, which requires a 3.5 percent down payment. In addition, the mortgage […]


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