Conventional Conforming Loan
Looking to finance your primary residence, a second home, or an investment property?
The Conventional Conforming loan meets the guidelines of Fannie Mae (FNMA) and Freddie Mac (FHLMC).
Purchase
The conventional conforming loan is ideal for purchasing a primary residence, a second home, or an investment property. With a minimum down payment of 3% for a primary residence and standard credit parameters, this product is an excellent alternative for buyers with a strong credit profile who want flexibility in the type of property they finance.
Refinancing
It offers refinancing alternatives to reduce your monthly payment, change the term, take cash out, or remove private mortgage insurance (PMI) once you reach 80% of the property's value. We guide you to find the best option for your current financial situation.
Private Mortgage Insurance (PMI)
If the down payment is less than 20%, private mortgage insurance (PMI) applies through MGIC. Unlike FHA, conventional PMI can be canceled once the loan balance reaches 80% of the property's value, which can represent significant long-term savings.
Speak with a mortgage specialist.
Speak with one of our mortgage specialists to evaluate whether this product fits your situation.