Low Down Payment Loans

3% Down Conventional Loan

 

  • Down payment as low as 3% (even for first time homebuyers)
  • Reduce or even eliminate monthly Mortgage Insurance (not possible with FHA)
  • Usually faster, easier and with a lower monthly payment than FHA
  • Use gift funds for your entire down payment
  • Refinance your current mortgage with as little as 5% equity (regardless of current mortgage program)

 

 

FHA – A great government insured mortgage loan program if you have higher debt and lower FICO scores. 

 

  • The down payment required is only 3.5%
  • Allows for a lower FICO score and higher debt load
  • The upfront mortgage insurance can be financed
  • There is a monthly MIP fee (Mortgage Insurance Premium)
  • All things considered, this can still be a great program for the first time buyer.

 

VA Mortgage – This is an awesome loan program for our Veterans!

  • No Down Payment is required
  • Low Interest Rates
  • The loan process has improved a great deal and can often be closed within 30 days!

 

 

FICO CREDIT SCORE

If you don’t know your Mortgage FICO scores, give us a call and we’ll explain the difference between a free online score and a mortgage Fico score. Together we’ll pull your credit so you know where you stand. You will receive a full credit report with your Mortgage Fico scores for your records. We’ll even give you some free tips on improving your FICO scores!

 

  • Your Mortgage FICO score is different than the free scores you can get online
  • Call us today to receive your true Mortgage FICO Score within minutes
  • Free tips on how to improve your scores and prepare for your first home

Go Finance

13301 SW 132 Ave Suite 111
Miami, Florida 33186

Phone: 305-370-2825

Fax: 844-709-4743

NMLS: 1511986