When lenders refer to a conventional loan, they are referring to a loan that is not a government loan, such as FHA, VA or USDA. Typically, these are loans that are eligible to be purchased by Fannie Mae, or Freddie Mac.
Conventional loans can have slightly more restrictive qualifying requirements than FHA, VA, or USDA loans. Millions of people are eligible to get a conventional home loan, but they may not be fully aware of the numerous benefits that are available to them.
Here are the primary benefits of conventional loans:
I will personally be by your side every step of the way throughout the entire loan process.
Larry Locke and Pro-Funders, Inc. have a long history of successful closings of conventional home loans.
LarryLocke.com, Larry Locke, and Pro-Funders, Inc. are not affiliated with or representing FHA, VA, USDA, Fannie Mae, Freddie Mac, CalHFA, or any other government agency.