25096 Jefferson Avenue, Suite A-10, Murrieta, CA 92562
DRE #01263595/NMLS #304673
DRE #01263595/NMLS #304673
Bringing you the most mortgage options, at the lowest discount pricing available.

Conventional Home Loan

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:

  • Available on most properties with down payments as low as 3% of the purchase price.
  • Down payment assistance options are available that may reduce, or eliminate, the need for any down payment.
  • Down payment may come from a gift – it does not have to be from your funds.
  • Available for both owner-occupied primary residences, and non-owner occupied investment properties.
  • Can be used to finance 1-4 unit owner-occupied properties, condominiums, and manufactured homes.
  • Available to first-time homebuyers, and to buyers that are moving to their next home.
  • Available for purchasing a home or to refinance an existing mortgage.
  • For refinancing, borrowers can get cash out of their home, or they can lower their interest rate, or shorten their loan term.

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.