Lowest Down Payment For Conventional Loan One Percent 2024 | The Mortgage Patriot

Lowest Down Payment For Conventional Loan One Percent 2024 | The Mortgage Patriot

A new 2023 Conventional Loan program allows for just ONE PERCENT DOWN for households with income at or below your city's AMI (Area Median Income).

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Contact me and let's find out if this program (or any others!) can help you get your home. In this video, I go over this program in detail and provide you a clear understanding of what Area Median Income means. I also show you how much home your $4K -$5K monthly salary buys you in today's environment. Lastly, I show you an example of what this program looks like so you can clearly see how much you can expect to spend in closing costs using this program.

As always reach out to me any time with a phone call or text -- or email and let’s discuss your situation.

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🙋‍♂️Patrick “Kevin” Fagan
NEXA Mortgage LLC - NMLS 877741
eXp Realty LLC - LIC 454749
SVP Mortgage Lending 📍

Located in Spring Branch, Texas - Assisting NATIONWIDE

🦅 MORTGAGE PATRIOT - trust a patriot!

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⚠️ 𝐃𝐈𝐒𝐂𝐋𝐀𝐈𝐌𝐄𝐑: All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction.

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