3% DownHomeReady
3%down payment
A Fannie Mae program with 3% down and reduced mortgage insurance for eligible incomes.
- Down payment
- 3%
- Mortgage insurance
- Reduced
- Income
- Eligible incomes
Your goal
Down payment
About youPick any
3 programs match youTop match: HomeReadyFirst-time: first-home programs lead.
See my rateYour best matches
Picked from your answers. ZERO Closing Costs · Restrictions apply · Offer details
3% Down
3% DownHomePossible
3%down payment
A Freddie Mac program with 3% down and reduced mortgage insurance for eligible incomes.
- Down payment
- 3%
- Mortgage insurance
- Reduced
- Income
- Eligible incomes
3.5% DownFHA Fixed Rate
3.5%down payment
Easier qualification for buyers building their credit. Buy with as little as 3.5% down.
- Down payment
- 3.5%
- Credit score
- 620+
- Best for
- Building credit
Compare every program
The numbers that decide it, side by side. A loan consultant can confirm what you qualify for.
| ConventionalFixed or adjustable3%down, from | FHAGovernment-backed3.5%down | VAVeterans & military0%down, no PMI | JumboLarge loansMoredown, typically | Virginia DPADown payment help1% / 0%down | Home equityFor homeowners$250Kborrow up to | |
|---|---|---|---|---|---|---|
| Down payment | From 3% | 3.5% | 0% | Typically more | 1% or 0% | Uses your equity |
| Credit score | 620+ | 620+ | Varies | Stronger credit | Varies | Varies |
| Loan amount | Up to $832,750 | Varies | Varies | $832,750+ | Sales price limits | $50K to $250K |
| Rate | Fixed or adjustable | Fixed | Fixed | Fixed | Varies | Fixed |
| Best for | Most buyers | Building credit | Veterans & military | Large loans | Virginia buyers | Keeping your rate |
| Closing costs | ZERO | ZERO | ZERO | ZERO | ZERO | ZERO |
| See my rate | See my rate | See my rate | See my rate | See my rate | See rates |
Conventional from 3% with HomeReady or HomePossible. Jumbo starts at $832,750 in most areas. Virginia DPA pairs with a CapCenter conventional or FHA loan; income and sales price limits apply. ZERO Closing Costs: restrictions apply, see offer details.
- Down payment
- From 3%
- Credit score
- 620+
- Loan amount
- Up to $832,750
- Rate
- Fixed or adjustable
- Best for
- Most buyers
- Closing costs
- ZERO
- Down payment
- 3.5%
- Credit score
- 620+
- Loan amount
- Varies
- Rate
- Fixed
- Best for
- Building credit
- Closing costs
- ZERO
- Down payment
- 0%
- Credit score
- Varies
- Loan amount
- Varies
- Rate
- Fixed
- Best for
- Veterans & military
- Closing costs
- ZERO
- Down payment
- Typically more
- Credit score
- Stronger credit
- Loan amount
- $832,750+
- Rate
- Fixed
- Best for
- Large loans
- Closing costs
- ZERO
- Down payment
- 1% or 0%
- Credit score
- Varies
- Loan amount
- Sales price limits
- Rate
- Varies
- Best for
- Virginia buyers
- Closing costs
- ZERO
- Down payment
- Uses your equity
- Credit score
- Varies
- Loan amount
- $50K to $250K
- Rate
- Fixed
- Best for
- Keeping your rate
- Closing costs
- ZERO
Swipe to compare all 6
Restrictions apply · Offer detailsBuying in VA, NC, MD or DC?
Add a CapCenter REALTOR® and get a 1% Rate Reduction for your first year.
Restrictions apply · Offer detailsAlready own a home?
Refinance, or keep your rate with a home equity loan from $50K to $250K.
Restrictions apply · Offer detailsOur clients have spoken
65,000+ clients since 1997.
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Frequently asked questions
CapCenter offers ZERO Closing Cost purchase loans including Conventional fixed and adjustable rate, Jumbo, FHA, VA, HomeReady®, HomePossible®, and Virginia Housing Grant (1% down) and Second Plus (0% down).
It depends on the program: VA allows 0% down, HomeReady and HomePossible start at 3%, FHA at 3.5%, and Jumbo loans typically require more. Virginia Housing programs can lower your down payment to 1% or 0% for eligible buyers.
CapCenter pays for or waives traditional closing costs, like origination, appraisal, credit report, title and settlement fees. Escrow deposits, prepaid interest, homeowner’s insurance, government fees and taxes still apply.
FHA can be easier to qualify for. Conventional usually costs less over time with good credit, and mortgage insurance can be removed later. A loan consultant can compare both for you.
You need a credit score of at least 620 for a CapCenter loan. Jumbo loans require stronger credit. Requirements vary by program.
When you buy with a CapCenter REALTOR® in VA, NC, MD or DC and finance with CapCenter, your rate is 1% lower for the first 12 months on eligible 15- and 30-year fixed purchase loans.
Apply online, call (800) 968-5844, or email customerservice@capcenter.com.
More questions? See our Loan programs & down payment FAQ.
Restrictions apply. See CapCenter.com for details. Offer details