Conventional Loans
A Conventional Loan is best if you have a strong credit score, a stable income, and solid assets.
Private Lending and Conforming Guidelines
Originated by private lenders (banks, credit unions, etc.), these mortgages are not backed by the government. Instead, they adhere to guidelines set by Fannie Mae and Freddie Mac.
Why choose us
Advantages include a potentially lower cost of financing and the ability to cancel Private Mortgage Insurance (PMI) once you reach 20% home equity without refinancing. They may also offer higher loan limits.
The main downside is that they often require higher credit scores and stricter debt-to-income (DTI) ratios.
It is wise to consult a Mortgage Advisor early to confirm the terms you qualify for based on your financials. Refer to the Solutions section for specific loan types and qualification details.
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