Thought FHA Fund to possess Flexible A mortgage Choice In order to be eligible for a keen FHA financing, you truly need to have a

Having mortgage amounts higher than $3MM (or $2MM to possess investment qualities), consumers need certainly to meet post-closing house criteria so you’re able to qualify

Bottom line: 15-12 months Repaired-Speed Old-fashioned Financing Saves the essential Currency 15-12 months Fixed-Rates Antique Mortgage For individuals who put 20% down ($forty,000) on the