Learn About Conventional Loans

A conventional loan is a type of mortgage that is not insured or guaranteed by the federal government, unlike government-backed loans such as FHA, VA, and USDA loans. This means that the lender assumes the risk of the loan and borrowers are required to meet certain eligibility criteria and financial requirements. If you're thinking of buying a home, check out the information below to see if a conventional loan may be a good option for you. 

Are you looking for a low cost loan with great benefits for saving money over time? Here are the reasons why a Conventional Home Loan may be a perfect fit.

• Has a lower cost than many government programs that require mortgage insurance
• Available for primary, second homes, investment properties
• Choose a fixed-rate or adjustable rate mortgage (ARM)
• Wide range of down payment options