Conventional

Competitive Rates with More Flexibility

Conventional2018-05-15T12:15:53+00:00

Project Description

Conventional Mortgage

A Conventional Mortgage refers to any housing loan that is not insured or guaranteed by the Federal Government. They can be conforming or non-conforming loans, and typically require at least a 3% – 5% down payment.

  • Private Mortgage Insurance – protects the Lender from loss should the borrower default – and adds a premium that increases the borrowers’ monthly payment.

  • Purchase Transaction – if a borrower puts 20% or more down, private mortgage insurance is not required.

  • Refinance Transaction – if a borrower has more than 20% equity in the property as determined by a qualified appraisal valuation, private mortgage insurance may not be required.

Conventional Loan Programs

Conforming

Non-Conforming (Jumbo)

Fixed-Rate Mortgage

Adjustable-Rate Mortgage

  LOAN HIGHLIGHTS

  • Competitive Interest Rates
  • A Range of Down Payment Options

  • Terms Tailored to Meet the Goals

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From Dream to Address.
We Got You.

From the moment you’re ready to consider buying or refinancing a home, we are here to understand your dreams, goals, and unique financial situation. Our start-to-finish process is designed to be simple, straightforward, cost-effective, and FAST!

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Other Loan Options.

FHA

Widely used by first-time homebuyers

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USDA / Rural Housing

Live Comfortably Outside of City Limits

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VA

Welcoming Veterans Home

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Other Loan Options
to Fit Your Life.