Forgotten Your Password?

Need to Register?

Question Icon

CAN YOU GET A 15 YEAR MORTGAGE WITHOUT 20% DOWN?

by david_brumley346 from Hamilton, Ohio. Apr 17th 2014 Reply


Greg Mitchell (GregMitchell)
#105 ranked lender in Illinois - 17 contributions

sure can!

Apr 17th 2014
1
0
Kimberly Lawson (kilawson)
#54 ranked lender in Ohio - 150 contributions

Hi David, Absolutely you can. There are many options! If I can answer any add'l questions, I'd be happy to help. Best wishes otherwise, Kimberly Lawson, Licensed Mortgage Loan Originator - Ohio only. Contact and licensing information can be found on my profile.

Apr 17th 2014
1
0
Michelle Curtis Loan Originator NMLS 401173 (MichelleCurtisLO)
#77 ranked lender in Florida - 2,245 contributions

Yes you can!

Apr 17th 2014
1
0
John Regg (jregg2005)
#78 ranked lender in Ohio - 12 contributions

David,Its very possible. I am around the corner in Mason Ohio. Give me a call or email to discuss. We are an FDIC bank that has been open for over 115 years. My direct office number is 513-229-9667 and my email is jregg@englending.comthank you,John Regg

Apr 17th 2014
1
0
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions

Yes.. conventional requires 5% down and FHA allows for 3.5% down.. but if you have 20% down, you wont have to pay MI on conventional, but regardless of how much you put down on FHA, you will pay MI. 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

Apr 17th 2014
1
0
T.C. Strait (TCstrait)
#72 ranked lender in Ohio - 18 contributions

David, absolutely you can. Obviously there are other factors to consider in qualifying for a mortgage such as debt ratio, credit scores, etc. if you would like to discuss your situation, feel free to give me a call in the office. T.C. Strait, Lynx Financial Group, 513-777-8383 x222

Apr 17th 2014
0
0
Tim Bradford (Tim Bradford)
#5 ranked lender in Ohio - 145 contributions

David, The simple answer is YES YOU CAN. However, your Income and Credit need to justify the lender making the loan. No single factor 20% Down is enough to get a loan. I would suggest you contact one of the Ohio lenders (Which I am) here on Lender411 and see what options are the best for you.

Apr 17th 2014
0
0
Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Sure... We offer 15-year fixed with as little as 5% down... And if using a state bonding program, we can do only 3% down. www.MortgagesUnlimited.biz

Apr 18th 2014
0
0
Jericho Cherry (Jerichocherry)
#54 ranked lender in Virginia - 1,107 contributions

Yes you can, providing you meet all the other qualifications.

Apr 18th 2014
0
0
Ralph Richard Guertin (ralph@absolutelowrates.com)
#58 ranked lender in Georgia - 807 contributions

As low as 3.5% down with FHA, zero down with VA and 5% down with conventional on a 15 yr mortgage if you qualify

Apr 18th 2014
0
0
Subscribe to our news feed.