Conventional Loan with 3% Down!

shutterstock_86319943Do you have excellent credit but just haven’t been able to save a down payment for a conventional loan? What if I told you that we can offer a conventional loan with just 3% down.

You would probably say, get out of here, no way not these days!  Well, yes way!

All kidding aside, this is just one more program that Brenda Wild and Jeannie Swords can offer you.

Here are some of the guidelines to this program:

1.  720 FICO
2.  Eligible properties include one unit single family attached and detached, attached and detached puds (no condos)
3.  2 months reserves
4.  3% down payment from borrowers own funds
5.  Gifts are allowed after the borrower has made the minimum 3% down payment from their own funds
6.  Seller contributions up to 3%
7.  Primary owner occupied properties (no second homes or investment properties
8.  Mortgage Insurance required(current premiums are lower than FHA)

Please contact Brenda or Jeannie if you would like to know more about this program.

Our goal is to be able to provide you with the best loan program to fit your financial needs.

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About Brenda Wild

I have worked in the mortgage business for over 30 years and am a life time resident of the Illinois Quad Cities. I created my blog to share my knowledge of the mortgage industry to help people qualify to buy homes and realize the dream of homeownereship. I strive to earrn the trust of the clients I serve and remain their mortgage advisor for life. Please email me with any questions you may have regarding qualifying to purchase a home at
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