5% Down Conventional Loans?

[Anonymous]

Hey everyone,

I was curious if lenders still offer 5% down conventional loans? I am asking because I currently have an FHA loan on my condo I bought 2 years ago. Due to an increase in family size, I need to purchase a bigger place, but am having trouble selling my little 1 BR condo. I am not eligible for a second FHA loan because my LTV is no where near 75%.

Does anyone know if I can get a conventional loan with only 5% down?

[Anonymous]

I do not know, but conventional may have restrictions on 2nd homes for LTV purposes.

Can you qualify for the 2nd home DTI wise with the 1st mortgage counted?

What is type of income, amount, monthly debts (DTI), expected purchase price, etc.