Doing so showed that SunTrust's version of the Fannie Mae HomeReady ® loan carried a slightly higher interest rate than
standard conventional loans at any of the three national banking brands.
Not exact matches
Although it is possible to obtain government - sponsored mortgage products like FHA
loans at Capital One, the vast majority of the bank's home
loans are
conventional mortgages, with the
standard choice of a 20 % down payment or mortgage insurance premiums on your monthly bill.
In today's market, it is
standard for the mortgage lender to require
at least a 20 percent down payment for a
conventional loan.
Although it is possible to obtain government - sponsored mortgage products like FHA
loans at Capital One, the vast majority of the bank's home
loans are
conventional mortgages, with the
standard choice of a 20 % down payment or mortgage insurance premiums on your monthly bill.
Standard conventional loans need
at least 5 % down payment.
If you look
at the
standards for qualified mortgages what you see is that
conventional, and federally - insured
loans such as those from the VA and FHA will readily qualify.