Zillow Advice: Mortgage Types - Hi. Lender info requested in N VA allowing 5% down for TH purchases? http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ Zillow Advice | Zillow Real Estate Hello Zad, It looks like ... http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ Hello Zad,<br/><br/> It looks like it has been some time since you posted this question. There are other loan products available where you can put as little as 3% down. You can also do a one time Mortgage Insurance Premium Payment and that can even be Lender paid, which would increase your rate, but you would save money over the life of the loan. It all really depends on the borrowers financial situation.&nbsp;I hope this response was helpful and still reaches you.<br/><br/>Take care and God Bless,<br/><br/>Mickey Metzger<br/>Fairway Independent Mortgage<br/> Mon, 12 Nov 2012 19:52:00 GMT http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ 2012-11-12T19:52:00Z Zad, as much as many of us ... http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ Zad, as much as many of us would like to give you our contact info so&nbsp;you&nbsp;could&nbsp;pick up the phone and call us, now that Zillow charges for contacts (NOT closings), &nbsp;we are constrained from doing so. <br/>You should either put in a loan quote request here&nbsp; with Zillow, review profiles here of local lenders to contact, or do an online search to&nbsp;initiate contact. Many of us are also listed on Facebook or other networks online and you can perhaps contact someone that way.<br/>Jim, HSOA. Sat, 24 Jul 2010 00:51:00 GMT http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ 2010-07-24T00:51:00Z Thank you all for the valuable ... http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ Thank you all for the valuable input/ So If the loan is within 417000 in say Fairfax VA, any leads please?<br/><br/>Thanks!<br/> Fri, 23 Jul 2010 22:40:00 GMT http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ 2010-07-23T22:40:00Z Good point Norm...thanks! ... http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ Good point Norm...thanks! Jim, HSOA. I was assuming, perhaps incorrectly, the townhouse was below the 417K threshold... Fri, 23 Jul 2010 14:40:00 GMT http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ 2010-07-23T14:40:00Z standard agency or high-balance ... http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ <p>standard agency or high-balance loan amount?<br/><br/>for standard agency (up to $417,000) many retail lenders are able to secure PMI on it in Virginia.</p> Fri, 23 Jul 2010 14:17:00 GMT http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ 2010-07-23T14:17:00Z Hi Zad Kha, it&nbsp;is not ... http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ Hi Zad Kha, it&nbsp;is not lenders preventing up to 95% for conventional loans, it is the MI companies not allowing the mortgage insurance. There is one MI company now that is entering back into this segment for certain areas, and could be not only county specific, but ZIP code specific. However, qualifying may now&nbsp;be the issue. You have to run the numbers to see if which program is right for you. Jim, Home Savings of America. Fri, 23 Jul 2010 11:50:00 GMT http://www.zillow.com/advice-thread/Hi-Lender-info-requested-in-N-VA-allowing-5-down-for-TH-purchases/359047/ 2010-07-23T11:50:00Z