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2. Guide to first-time homebuyer loans and programs - AOL

   www.aol.com/finance/guide-first-time-homebuyer...

   Conventional 97 mortgage: This conventional loan, backed by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, requires just 3 percent down and a minimum credit score of 620.

3. How to buy a house from a family member - AOL

   www.aol.com/finance/buy-house-family-member...

   “Standard conventional mortgage guidelines will not allow a buyer to purchase the subject property as a second home or investment property if there is a family or business relationship with the ...

4. How to buy a second home - AOL

   www.aol.com/finance/buy-second-home-180026197.html

   Buying a second home is a lot like buying your first property. If you’re not purchasing with cash, you’ll need to get preapproved for a loan and work with a real estate agent with experience ...

5. Second mortgage - Wikipedia

   en.wikipedia.org/wiki/Second_mortgage

   The more common of the two is the 80/10/10 mortgage arrangement in which the home buyer is granted an 80 percent loan-to-value (LTV) on the primary mortgage and 10 percent LTV on the second mortgage with a 10 percent down payment. [33] The piggyback second mortgage can also be financed through an 80/20 loan structure.

6. FHA loan vs. conventional loan: What homebuyers should know - AOL

   www.aol.com/finance/fha-loan-vs-conventional...

   Key differences between FHA vs. conventional home loans. ... By comparison, there are low-down payment conventional loan options for first-time home buyers with down payments as low as 3% ...

7. FHA vs. conventional loans: What’s the difference? - AOL

   www.aol.com/finance/fha-vs-conventional-loans...

   Generally, a conventional loan is best for those with strong credit and a bigger home buying budget. If your credit score is below 620, a loan backed by the FHA might be your only option.

8. Should you buy a second home? - AOL

   www.aol.com/finance/buy-second-home-191849101.html

   Of course, when buying a second home, you can’t ignore the associated expenses, including ongoing maintenance and upkeep and property taxes. These types of expenses can strain your budget or ...

9. Bridge loans: What are they and how do they work? - AOL

   www.aol.com/finance/bridge-loans-161837154.html

   80/10/10 loan: With an 80/10/10 loan (also known as a piggyback loan), you put down 10 percent and finance two mortgages — the first mortgage for 80 percent of the purchase price and the ...