652 score what is the down payment for a conventional loan?

Many lenders won't even do a conventional loan with a 652 score... But if they do, the minimum down payment will typically be 5%. There are some community housing programs that will allow conventional loans with just 3% down. Here in Minnesota, we have a Minnesota Housing Finance Agency Conventional loan with just 3% down. www.Minneapolis-Mortgage.net

You only need 5% down with that score. Give us a call 800-446-9043 ext 801

5%

Hi Kimberlysoap51,We have a program that will get you into a home with NO down payment with that score. It offers the same low 30 year fixed rate as a 5% down loan with a lower monthly payment. Take a look here: nomoneydown.info then give us a call at 704-315-7435.

Conventional requires a minimum of 5%. FHA requires 3.5%. Without knowing your complete scenario, it's hard to say whether you can get approved or not.. Lenders will need to know your credit score along with a hundred other things as well.. you can have a 750 credit score and still get denied, so it's not just one piece that determines edibility, but rather your complete profile.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

you only need 5%

You need 5% down. If you have any question please feel free to call us. We are local in SC.

Conventional is 5%. There is a 3% option as well as gift funds for the 5%. We are a Mortgage Broker and have many different lenders with a wide variety of options. Most of our borrowers do not quite fit the mold expected from the local banks, but yet we can offer lower rates with no extra fees. http://www.schomeloan.org or 843-215-6200