Conventional mortgage loans are a popular choice among experienced and even first-time homebuyers. These loans offer excellent flexibility and many options that can be customized to meet a wide range of mortgage scenarios.
Sensible solution for many borrowers but generally best for those who have good credit, a stable job and consistent income history.
Primary residence, second homes and investment properties, single family and 2-4 unit properties, condos and townhomes, Planned Unit Developments (PUDs), and manufactured double-wide homes; loan amounts up to $453,100 or based on County High Balance Limits.
Although a conventional home loan offers tremendous advantages, they typically carry higher credit and financial requirements than government-backed loans. If you are looking for a traditional, government-insured mortgage such as an FHA, VA or USDA loan, check out our other loan types.
Ready to get expert advice and determine what works best for your personal situation? Contact one of our local, caring mortgage professionals at a Mortgage Center Near You.