Profile picture for Gsubima

Looking to buy home with 5% down in CA

Hi Everyone! So we are in the process of selling our Condo which we bought back in 2009. At the time it was just my wife and I, but have a little baby girl and looking to expand our family. We purchased our place through FHA, and now need a bigger place so looking for a Single Family home. However we cannot put down 20%. We wanted to figure out if its possible to get a loan with 5% down. Are they avaiable now through the market? My credit score is 740 last time I checked. Any help would be greatly appericated!!
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
November 19 2012 - US
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (1)

Good Morning!  There are conventional products out there that only require 5% down. You're best course of action would be to sumbit an application and seek a pre-approval with a detailed estimate in order to ensure that you meet all the requirements. 
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
November 19 2012
 
Related Questions
We need a jumbo loan of $1.4 millions with 15% down payment. Anyone here can help?
Profile picture for Brookstone Mortgage
Latest answer by Brookstone Mortgage
40 minutes ago | 7 answers
What are my options for the non-conforming loan amount?
Profile picture for Mike Bjork
Latest answer by Mike Bjork
2 hours ago | 2 answers
Is it possible to buy a 2 Family Home in NJ with a 5% down conventional loan.
Profile picture for Joe Cafiero
Latest answer by Joe Cafiero
13 hours ago | 5 answers
How do I find a list of portfolio lenders in the Bay Area of Northern California?
Profile picture for Hannah Tai
Latest answer by Hannah Tai
1 day ago | 6 answers
Conventional financing still possible - any lenders willing to work with me?
Profile picture for SunCoast Mtg
Latest answer by SunCoast Mtg
3 days ago | 7 answers
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

 
 
 
Sign in with Google