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2. 3 percent down mortgages: A guide to your options - AOL

   www.aol.com/finance/3-percent-down-mortgages...

   Beyond the Fannie Mae and Freddie Mac mortgage programs featuring 3 percent down payments, there are other types of mortgages that allow prospective home buyers to access homeownership with a low ...

3. Conforming loans: What they are and how they work - AOL

   www.aol.com/finance/conforming-loans-203505330.html

   A conforming loan refers to a type of conventional mortgage that aligns with the criteria set by the ... the minimum down payment is 3 percent. This is much lower than a non-conforming jumbo loan ...

4. This is how much money you need to earn annually to ... - AOL

   www.aol.com/finance/much-money-earn-annually...

   How much income do I need to afford a $400,000 house? We’re going to walk through a couple examples further down in this piece that place the yearly salary needed to afford the mortgage payment ...

5. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   This down payment may be expressed as a portion of the value of the property (see below for a definition of this term). The loan to value ratio (or LTV) is the size of the loan against the value of the property. Therefore, a mortgage loan in which the purchaser has made a down payment of 20% has a loan to value ratio of 80%.

6. Conforming loan - Wikipedia

   en.wikipedia.org/wiki/Conforming_loan

   Other guidelines include borrower's loan-to-value ratio (i.e. the size of down payment), debt-to-income ratio, credit score and history, documentation requirements, etc. [3] In general, any loan that does not meet guidelines is a non-conforming loan.

7. FHA insured loan - Wikipedia

   en.wikipedia.org/wiki/FHA_insured_loan

   Many down payment grant programs are run by state and local governments, often using mortgage revenue bond funds. On May 27, 2006, the Internal Revenue Service issued Revenue Ruling 2006–27, in which it ruled that certain non-profit seller-funded down payment assistance programs (DPA programs) were not operating as "charitable organizations".