Conventional Loans: Fixed or Adjustable Rate Options
Fixed rate loans are our most popular loan option. Down payment options start as low as 3%.
Benefits of Conventional Loans:
- Can be used for primary residences, second homes or investment properties
- Mortgage insurance is not required if the loan to value (price or appraised value) is <80%
- Financing up to 97% loan to home value for primary residences
- Borrowers can have multiple homes financed at one time with conventional loan programs
- Loan amounts up to $647,200