castille mortgage Company helps you with
Conventional Mortgages
A conventional mortgage loan is not backed by the US government the way that FHA or VA loans are. There can be many benefits to financing your home with a conventional home loan, and we will explore every option on your behalf.
While there are a wide variety of conventional loans, up to 99 percent of all conventional loans conform to the standards of Fannie Mae and Freddie Mac. Therefore they are labeled “conforming” mortgages.
Conventional loans often do not come with the amount of provisions that government loans do but they aren’t as flexible to obtain. Castille Mortgages will find the best program for you.
CALL JEREMY NOW FOR A FREE CONSULTATION
Conventional Mortgages Offer A Variety Of Options
A Conventional Mortgage can often be the right path to homeownership. Castille Mortgage can secure home loans approvals to clients starting at a 620 FICO credit score.
Key factors to consider for Conventional Loans include:
- You are a first-time or repeat homebuyer.
- You have a good credit score (Minimum 620 FICO) and money to put down. The down payment can often be three percent and up.
- You want a low down-payment.
- Fixed-rate loan terms: These can be 10 years, 15 years, 20 years, 25 years and 30 years. These loans make it easier to budget each month.