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2. Income requirements to qualify for a mortgage - AOL

   www.aol.com/finance/income-requirements-qualify...

   FHA loans: Insured through the Federal Housing Administration, FHA loans have more lenient credit score and DTI ratio requirements than conventional mortgages. The minimum down payment is 3.5 percent.

3. From grants to low-interest loans, this state-by-state guide ...

   www.aol.com/grants-low-interest-loans-state...

   Low-interest loans and specialized mortgages. ... Aimed at supporting low-to-moderate-income home buyers to purchase a single-family home, condominium, or one-half a duplex in the City of Madison.

4. How to buy a house with low income - AOL

   www.aol.com/finance/buy-house-low-income...

   A mortgage credit certificate (MCC) is a federal tax credit that can help low- and moderate-income or first-time buyers offset some of the money they owe in mortgage interest. Unlike a tax ...

5. 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 ...

6. USDA home loan - Wikipedia

   en.wikipedia.org/wiki/USDA_home_loan

   Very low income is defined as below 50 percent of the area median income (AMI); low income is between 50 and 80 percent of AMI; moderate income is 80 to 115 percent of AMI. Families must be without adequate housing, but be able to afford the mortgage payments, including taxes and insurance, which are typically 24 percent of an applicant's income.

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

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

   These low-down payment loans include the: Conventional 97 mortgage: This conventional loan, backed by government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, requires just 3 percent ...