After the housing bubble, many mortgage insurance companies increased the minimum down payment for a Conventional loan.  However, as of October 2012 Mlend is pleased to announce that through our strategic relationships with our Mortgage Insurance investors we can offer our Diamond Advantage™ program to good credit applicants with just a 3% down payment!

See below for the many advantages of using Mlend’s Diamond Advantage™ program vs FHA – buy more house for less!

** Current homeowners can also utilize this program to refinance out of their FHA loan!

Diamond Advantage