A Conventional loan is a home loan program that is not backed by a government agency, but has many of the benefits that government loans have to offer and, more. Conventional home loans come in several different varieties; whether you are a first-time homebuyer, looking for an investment property, or wanting to refinance your current…
Tagged: Conventional Loans
Home loans are divided into two categories: Conforming Loans and Non-Conforming Loans. And in the future, we will talk about the features of each one. But, as we head into 2022, conforming mortgage loan limits have increased. Here we explain what does that means for borrowers looking ahead? Conforming Loan Limits for 2022 Conforming mortgage…
There are many different factors to consider when choosing the best loan program option. That is where the skills and knowledge of your loan officer will play a significant role in your decision. One of those choices is the option between FHA Home loans vs Conventional loans. Here are some pros and cons of these…
