Conventional-Purchase

If you have good credit and are planning on putting at least a 20% down payment on your next owner occupied property  or looking to purchase an investment property than a Conventional Loan is most likely the program for you. Conventional loans often offer the lowest rates and a variety of terms. Unlike many federally insured loans, Conventional loans do not require a the borrower to pay a funding fee on top of the traditional closing costs limiting the amount financed to the actual amount borrowed. The maximum loan amount for Conventional loans is $417,000.

To find out if a Conventional Loan is your best option for your next purchase  Contact Us today and one of our experienced mortgage professionals will be assigned help you achieve your goals.