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2. 'Imagine buying a $100K property with only $5K ... - AOL

   www.aol.com/finance/imagine-buying-100k-property...

   As always, there's a catch. 'Imagine buying a $100K property with only $5K': Government slashes required down payment to just 5% for this special property type — and real estate moguls are smiling.

3. Fannie Mae and Freddie Mac aren’t your neighbors - AOL

   www.aol.com/finance/fannie-mae-freddie-mac-aren...

   With a conforming loan, you might qualify with a credit score as low as 620 and a down payment as low as 5% (though anything less than 20% will require private mortgage insurance, so that’s ...

4. HomeReady mortgage guide - AOL

   www.aol.com/finance/homeready-mortgage-guide...

   A HomeReady mortgage is a type of conventional loan that helps lower-income borrowers buy homes. To qualify, your income can’t exceed 80 percent of the median income in the area you plan to ...

5. Government policies and the subprime mortgage crisis

   en.wikipedia.org/wiki/Government_policies_and...

   "Over the past decade Fannie Mae and Freddie Mac have reduced required down payments on loans that they purchase in the secondary market. Those requirements have declined from 10% to 5% to 3% and in the past few months Fannie Mae announced that it would follow Freddie Mac's recent move into the 0% down payment mortgage market." [153]

6. FHA insured loan - Wikipedia

   en.wikipedia.org/wiki/FHA_insured_loan

   The basic FHA mortgage insurance program is Mortgage Insurance for One-to-Four-Family Homes (Section 203(b)). [24] FHA allows first time homebuyers to put down as little as 3.5% and receive up to 6% towards closing costs. However, some lenders won't allow a seller to contribute more than 3% toward allowable closing costs.

7. Fannie Mae - Wikipedia

   en.wikipedia.org/wiki/Fannie_Mae

   Other considerations may have motivated the New Deal focus on the housing market: about a third of the nation's unemployed were in the building trade, and the government had a vested interest in getting them back to work by giving them homes to build. [12] Fannie Mae was acquired by the Housing and Home Finance Agency from the Federal Loan ...