http://www.axiomfinancial.com/new-low-down-on-conventional-loan.htm
For a long time, lenders have only had the option of FHA for a "low down payment option." As of now, Axiom has a low down payment option for those who don't want an FHA loan to purchase. Unlike FHA, when 20% equity is reached, the monthly mortgage insurance payment goes away (FHA requires you to pay for at least 5 years, even if you have a large lump sum that drops you down to under 80%). There is even an option for SELLER PAID mortgage insurance if you qualify.
Give me a call and we'll discuss if this option is right for you.
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