Conventional Loans
A conventional loan offers competitive interest rates and flexible terms, making it a versatile choice for various property types.
Conventional Loan
A Conventional Loan is ideal for homebuyers with stable financial backgrounds, offering competitive terms for those with good credit and the ability to make a higher down payment.
A conventional loan provides competitive interest rates, flexible terms, and fewer restrictions, making it an attractive option. It can lead to savings on mortgage insurance and offers adaptability for different property types. With these advantages, it’s a smart choice for many buyers.
At East
Mortgage, we will help you find the best loan program to meet your needs.
Program Highlights
Competitive Interest Rates
Enjoy lower rates compared to some other loan types, which can lead to significant savings over the life of your mortgage.
Flexible Terms
Choose from a variety of term lengths, such as 15, 20, or 30 years, to fit your financial goals and budget.
No Mortgage Insurance with 20% Down
Avoid paying private mortgage insurance (PMI) if you put down 20% or more, reducing your overall loan costs.
Versatile Property Types
Conventional loans can be used for a wide range of properties, including single-family homes, condos, and investment properties.
Fewer Restrictions
Enjoy greater flexibility with fewer restrictions compared to
government-backed loans, allowing for a more customized loan experience.
At East Mortgage, we are committed to helping you find the best program to meet your financial goals.
Essential Guide to Conventional Loans
Types of fha loans
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How to qualify for a fha loan
FHA approved lenders use a program called Desktop Underwriter (DU) for…
Mortgage insurance premiums
FHA loan must pay FHA mortgage insurance (this protects the lender…
