Genworth Financial now offers an improved low-down-payment program, called Homebuyer 97. They’ve reduced their required down payment to 3% and cut their mortgage default insurance premium from 3.10% to 2.90%.
(Note: Genworth also has a 0% down program but the insurance premiums and credit requirements are slightly higher.)
Talk to your favorite mortgage planner or call us to see if you qualify. You’ll need a credit score of 650+. Other terms apply.