Browsing Tag

conventional mortgage loan

Industry News

Buy a House for 3% Down and Get $7,500 in MSHDA Down Payment Assistance

October 23, 2017

Did you know the Michigan State Housing Development Authority (MSHDA) allows conventional financing to be used in conjunction with its down payment assistance program? This means buyers can use…

Mortgage Advice

Demystifying the Difference Between FHA and Conventional Mortgage Insurance

July 12, 2013

If you’re interested in a conventional mortgage or FHA mortgage loan that requires little to no money down, you’ll probably hear the term private mortgage insurance (PMI) tossed around…