lowest down payment available for conventional loans

The minimum down payment for a conforming loan right now is 5%. The 3% option with Fannie and Freddie went away last November. You would need mortgage insurance on any loan with less than 20% down payment unless you qualify for VA loans.

The minimum amount that you would have to put down on a conventional loan is 5%. However, you will be required to pay mortgage insurance until you build at least 20 percent equity in the home.

Minimum is 5% down.

As of November 16th, 2013 all conventional loans require a minimum of 5% down.. FHA still only requires 3.5%. Conventional financing allows for gifted funds, however they still require you have at least 5% of your own funds to qualify. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Take a look at the link to the Colorado Housing & Finance Authority's website for more information on various low down payment programs and the general requirements. I think this will be helpful in your review of programs. http://www.chfainfo.com/homebuyer/Getting_a_loan/Loan_programs/CHFA-Preferred/CHFA-Preferred.icm

Conventional loans require at least 5% down payment today. But, some states, like here in Minnesota, we can also offer a 3% down conventional loan that is tied in combination with a state assistance program. Contact a local mortgage broker in your area for more information. www.MortgagesUnlimited.biz

5% down would be the minimum. I also have access to a 5% down program that allows for the funds to come from a gift from a family member. You also have the option of lender paid mortgage insurance with only 5% down. I only lend in Florida!