Conventional Loans

A conventional mortgage refers to any loan that is not insured or guaranteed by the federal government, as opposed to government-insured loans including Federal Housing Administration (FHA), U.S. Department of Veteran Affairs (VA) and U.S. Department of Agriculture (USDA). Conventional mortgages (whether conforming or not) typically have a slightly higher down payment than government loans; however, this loan option normally provides more flexibility with fewer restrictions.

If you have good credit and stable income, a conventional loan might be the right option for you since it offers:

  • Lower interest rates for borrowers with good credit.
  • Flexible mortgage insurance options.
  • Fewer penalties and fees.
  • Flexible loan terms.

If you are interested in a conventional loan, please contact your local Fairway mortgage professional.

Conventional Loans Fairway Independent Mortgage conventional-loans-with-fairway-independent-mortgage Slightly higher down payment than government loans, more flexibility with fewer restrictions. Default Preview Services & Opportunities Financial Services conventional loans home loans loans Office 308 E Gladys Ave Hermiston, OR Oregon 97838 45.8411423 -119.2866923 45.8411423,-119.2866923


Phone Number(541) 564-5900
Rate TypeMultiple

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