Subscribe via RSS Feed Connect with us on LinkedIn Connect with us on Flickr
Apply Online

News and Program Updates: Conventional Loans

Improve Your Chances of Getting Approved for a Conventional Mortgage By Avoiding These Items

Improve Your Chances of Getting Approved for a Conventional Mortgage By Avoiding These Items

[ 0 ] January 18, 2013

If your credit rating is really high and you are considering a home purchase, you are most likely a candidate for a conventional mortgage. However, there are things that can hurt even the best borrower during the loan process. Here are some things to avoid.

Conventional Mortgage

Conventional Mortgage: Don’t Ignore These Items When Shopping for a Home

[ 0 ] August 16, 2012

Using a conventional loan to purchase a home offers the buyer quite a bit of flexibility. The appraisal does not have the restrictions offered by government loans. Also the loan amount will usually mean that the buyer has a wide range of homes to choose from. Because of that, it is important that buyers don’t overlook these items when house shopping.

Convention Fannie Mae and Freddie Mac Mortgage

The Basics of Conventional Loans

[ 0 ] December 6, 2011

Most of the popular news concerning mortgages seems to have the same theme. Qualifying for a mortgage is tougher than it used to be and requirements are a little stricter. However, there are still a lot of people who qualify for conventional mortgages.

Conventional Mortgage

Inspect the Closing Costs before Agreeing to the Mortgage

[ 0 ] October 20, 2011

With the housing crash that has been so prevalent over the past few years home prices have dropped and mortgage rates have followed suit. It would seem that the cost of completing a mortgage would also be lower. However, some lenders are looking for ways to make up for lost income and they are using the closing costs as an alternative.

Home Sales Have Increased and So Have Average Credit Scores

Home Sales Have Increased and So Have Average Credit Scores

[ 0 ] June 7, 2011

The March 2011 report from the National Association of Realtors showed an increase of total home sales compared to the previous month. In addition, the average credit score for borrowers receiving conventional mortgage loans has risen to 760. People who qualified for an FHA loan also saw a rise in the average credit score.

Conventional Loans

What is a Conventional Loan?

[ 0 ] March 16, 2011

Lots of news reports, website material and books are devoted to FHA and VA loans as well as other types of mortgages. Much of this material points out the advantages of these loans over a conventional loan. However, just what is a conventional loan?

Conventional Mortgages – The Perfect Loan for People With Down Payments

Conventional Mortgages – The Perfect Loan for People With Down Payments

[ 0 ] September 18, 2010

Over the last few years a lot of publicity has been focused on the FHA loans and the zero down loans. These loans allowed credit worthy buyers to purchase a home without the need for a large out of pocket expense. But for people that have a substantial down payment the king of all home loans is the conventional mortgage.