Conventional Loans

conventional-loan

Understanding Conventional Loan Interest Rates: What You Need to Know

Are you in the market for a new home or refinancing your existing one and wondering about conventional loan interest rates? Given so many loan options available, figuring out which one is the most suitable for your needs can be quite difficult. Conventional loans are one of the most popular

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What are the 7 Types Of Conventional Loans?

You may have heard about conventional loans and wonder if this type of loan is right for you. It’s important to know what types of conventional loans are available and how they differ from other loan products.  This article will provide insight into the seven types of conventional loans and

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Best Home Conventional Loan Lenders

Are you in the market for a conventional home loan, but don’t know where to start? The decision to buy a home is a huge one, and finding the right lender can make all the difference. The good news is that you don’t have to leave the comfort of your

Conventional Loans: Everything You Need to Know About Repayment Terms

As housing prices continue to increase, it has become increasingly difficult for many to afford a home. Conventional loans have become an increasingly popular option for first-time and current homeowners alike as they offer benefits, such as fixed-rate mortgage options, up to 90% loan-to-value ratios, and more.  However, before taking

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How to Get Conventional Loan With 3% Down

In 2014, Fannie Mae and Freddie Mac (federally-sponsored home mortgage enterprises formed by the U.S. Congress) announced a 3 percent down conventional mortgage loan product that was created to make it easy for more people to become homeowners. Those who previously wouldn’t qualify or those who don’t have the necessary

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Success Stories: Low-Income Homebuyers Thrive with Sprint Funding’s Conventional Loans

You don’t need a huge savings account or a high-paying job to land a new home. There are many low-income mortgage programs for those on a tight budget. In addition, community assistance and grant money are also widely available. While this may sound unbelievable during these times of stricter rules

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Conventional VS. FHA Loans: Which Is Cheaper?

Federal Housing Administration (FHA) loans are the best option for first time home buyers, and conventional mortgages are only for established buyers. That statement is false. These loans have different qualifications and have distinct advantages, and you can’t simplify them like that. Learning about these two types of loans will

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The Ideal Conventional Loan Credit Score that Will Save You Thousands of Dollars

A conventional loan is a mortgage that is not offered, secured, and backed by the government. Private lenders and lending companies make this available to potential borrowers who meet the criteria for a conventional mortgage, like a conventional loan credit score. According to Dave Ramsey, it is a more popular

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Types of Conventional Loans to Fund Your Dream Home

A conventional loan, which is most popular among homebuyers for home financing, comes in more than one flavor. Conventional loan types enjoy a reputation of being a safe option for mortgages. Since a conventional loan is not made by, backed by, secured by, or insured by the government, the private

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What’s The Difference Between FHA Loans and Conventional Loans? Which One Should You Choose?

If you are planning to buy a home, you should acquaint yourself with the different options of mortgage loans available. To ease the burden of uncertainty, this article will walk you through two of the most popular home loans that you can apply for: FHA loans and conventional loans. Buying