Conventional Loans

What are Conventional Loans?

A popular loan type, conventional fixed rate loans feature a constant interest rate for the life of the life. Generally speaking, monthly payments remain constant. Traditionally borrowers are expected to provide at least a 3 percent down payment. Contact us for details on down payment requirements.

Available terms generally range from 10 years, 15 years, 30 years and 40 years.

Conventional LoansMost Common Types of Conventional Loans

Fixed Rate Mortgages: Your rate and payment never change.

Adjustable Rate Mortgages: After the initial period your interest rate can change once a year.

Find Out if a Conventional Loan is Right for You

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