No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
So after my pending home purchase using USDA Guaranteed Loan fell apart (due to "health and safety" item-no drywall in garage and seller refuses to install) my lender is currently processing me for a 3% dwn "conventional".... any experience with such from anyone here ? My middle score was 711 with no lates/negative items... are these not all that common ?
@nuggets321 wrote:So after my pending home purchase using USDA Guaranteed Loan fell apart (due to "health and safety" item-no drywall in garage and seller refuses to install) my lender is currently processing me for a 3% dwn "conventional".... any experience with such from anyone here ? My middle score was 711 with no lates/negative items... are these not all that common ?
Minimum down payment requirement for conventional loans used to be 5% ... but that change in recent past to 3%. The guidelines are different and your loan officer probably knows that his employer would not require the garage to be sheetrocked.