3% Down Payment

Homebuyers, especially first-time homebuyers, have a new option when seeking a low down payment mortgage. Bank of America and Wells Fargo partnered with  Self-Help Ventures Fund and Freddie Mac  to lower the out-of-pocket costs. Bank of America also offered no mortgage insurance and a minimum FICO score of 660. Wells Fargo´s required FICO lowered to 620. JPMorgan Chase launched its own … More 3% Down Payment