These are loans or mortgages not offered or secured by a government entity. Instead, a conventional mortgage is available through private lenders, such as banks, credit unions, and mortgage companies or investors. We’ve helped thousands of Clients get conventional funding throughout Florida and can absolutely help you. Some of the key elements with these loans are:
Main Points of a Conventional Mortgage
- A Conventional mortgage or Conventional loan is a home buyer’s loan that is not offered or secured by a government organization
- They are available through a private lender or guaranteed by the two government-sponsored companies: Fannie Mae and Freddie Mac
- Potential borrowers need to complete a mortgage application, supply required documentation and give consent to run their Credit Report
- Conventional loan interest rates tend to be a little higher than those of government-backed mortgages, such as FHA loans, but if your down payment is > 20%, then Mortgage Insurance will not be required. (Unlike FHA loans, where you pay mortgage insurance over the life of the loan).
Our goal is to match you with experts that get you the best deal, the best rates and your loan approved!
FAQ’s on Conventional Mortgages
Safe & Easy
We work with 5 star Google-rated companies and mortgage professionals and have helped people find the best loan solutions and providers. Our goal is to be the best resources of information for your needs. Start by inquiring.
1. Submit Request
Inquire with Basic Info
2. Information Review
Your inquiry is manually reviewed.
3. Match You Correctly
Get matched with the best provider based on inquiry.
4. Provider Contacts You
Professional reviews & contacts you for final steps.
Benefits of Our Process
We picked the most experienced loan officers that have the knowledge & expertise you need to explore the many financing options available to make the right choice for your property mortgage loan needs. Finding the best banks and brokers can create confusion and working with the best helps you in this major decision.
Other Funding Sources
Have a Unique Situation?
We’ve helped thousands of borrowers find the right funding brokers no matter the issues.