Conventional Loans
What is Conventional Loan?
Conventional is a mortgage that is not backed by any government agency. To qualify for financing, a borrower would typically need to meet the guidelines set by Fannie Mae or Freddie Mac. They are typically less cost but do require good to great credit to take advantage of.
Why choose Conventional loans?
Flexible Terms
Flexible term options ranging from 8-30 years.
Low Closing Costs
Less Closing Costs than other types of loans
No Mortgage Insurance
No Private Mortgage Insurance for LTVs under 90%.
Down Payment
As low as 5 % down for qualified borrowers on a purchase
Appraisal
Possibility of waiving the appraisal
Financing
Allows financing for Primary Residence, Second Home, and Investment Properties
Smaller Firm means smaller fees!
Mortgage loans done the right way!
Get approved! Learn how we can help you save!
