Conventional Home Financing
Conventional mortgages are not insured or guaranteed by the FHA, VA or USDA. They may be used for a home purchase or refinance, subject to lender and program requirements.
Fixed and Adjustable Rates
A fixed-rate mortgage keeps the interest rate unchanged for the loan term. An adjustable-rate mortgage may change after an initial period, according to the index, margin and limits in the loan documents.
Compare the initial payment, possible future payment changes, total costs and how long you expect to keep the loan.
What to Discuss with Our Team
- Your down payment, credit history and income documentation.
- Loan term and estimated monthly payment.
- Mortgage insurance, lender fees and closing costs.
- Whether the property and loan amount meet program requirements.
Loan limits and available programs change. Contact our team for current options.