Typically viewed as the 20% down mortgage solution, conventional loans come in all shapes and sizes. Direct Mortgage Loans offers a variety of conventional loan products that provide advantageous benefits for our borrowers.
Range of down payment options.
Eliminate mortgage insurance with 20% down payment.
Less restrictive property guidelines.
Low on down payment funds? Consider these options:
Fannie Mae HomeReady & Freddie Mac Home Possible (link to full page description)
Affordable housing programs that offer borrowers the opportunity to purchase a home with a 3% down payment.