Ready to learn more?
Why a Conventional Loan is
Perfect for You!
Here are some of the critical characteristics of a Conventional loan mortgagee.
- Higher credit score.
- Currently has a lower debt to income ratio.
- Can make a down payment of at least 3% or more.
- Can prove stable income.
What Kind Of Homebuyers Are Best Suited For A Conventional Loan?
A Conventional Conforming loan is typically a loan that is at or under the maximum county loan limit of the property. They are called conforming because they adhere to the guidelines set forth by Fannie Mae and Freddie Mac.
What Is A Conventional Conforming Loan?
Is A Conventional Loan Right For Me?
For clients who meet the requirements of a Conventional loan, this type of home financing arrangement might be well suited to them.
Because everyone’s financial circumstances are different, finding the right kind of mortgage for you is critical. Better Lending is happy to walk you through this crucial step of buying a home.
For clients who meet the requirements of a Conventional loan, this type of home financing arrangement might be well suited to them. Because everyone’s financial circumstances are different, finding the right kind of mortgage for you is critical. Better Lending is happy to walk you through this crucial step of buying a home.
Contact us today to learn more about why so many homeowners have trusted us to be their lender of choice.