A Conventional Mortgage might be best for you if:

• You have at least 5% to put down.  (But you can put down 3%.)
• Your credit score is 700 or higher.  (The higher it is, the more likely you are a conventional customer!
• You want to finance $417,000 or less.
• You can survive a more rigorous underwriting process.

Fannie and Freddie have both launched programs geared to first time home buyers.  These products require only 3% down, and can be a great option to FHA!  Contact us, and we will work to find you your best option!