Conventional Loans

Conventional loans are not insured by any government program and are the most common type of mortgage. Conforming conventional loans follow the loan amount guidelines set by Fannie Mae and Freddie Mac. Nonconforming loans, on the other hand, don’t meet those guidelines, but they are still considered conventional. Conventional loans often have higher down payment requirements than government-sponsored loans like FHA loans and USDA RD loans.

The benefits of a conventional loan are:

  • Competitive interest rates and lower fees.
  • Down payments as low as 3%.
  • Borrow up to 97% of home’s value.
  • Available for primary residences, second homes and rental properties.

If you’re interested in securing a home loan tailored for your unique needs, Mann Mortgage can help you make it happen. Please contact us today or apply online in less than 10 minutes using the secure online application below.

Conventional Loans Allied Mortgage Resource conventional-loans-with-allied-mortgage-resource Conventional loans are not insured by any government program and are the most common type of mortgage. Default Preview Services & Opportunities Financial Services home loans loans conventional loans mortgages https://easternoregonmarketplace.com/wp-content/uploads/2018/07/mann-mortgage-listing-photo.jpgBaker City Office 1920 Resort St. Baker City, OR Oregon 97814 44.7765851 -117.8287573 44.7765851,-117.8287573

Overview

Phone Number(541) 524-7642
Rate TypeFixed