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MONEYHOUSE LOAN SERVICING MAC

This information is not a loan commitment, loan approval, or offer to lend. Terms, features and benefits for specific loan programs and information provided are subject to change without notice. Not all programs, references, products, options and terms indicated are available in all states.

Good choice if staying in your home for an extended time.

Payment remains the same over the life of the loan.

When trying to determine if a fixed rate conventional loan best suits your situation, consider the following: Fixed-Rate Mortgage: Most conventional loans have a fixed interest rate for the life of the loan.

Available for a variety of property types including Single Family Dwellings, 2-4 units, Townhomes, Planned Unit Developments, Approved Condominiums, Second Homes, and Residential Investment Properties.

Loan-To-Values available with and without private mortgage insurance including 97% loan to value with 100% gift down payment feature.

Amount of the loan (available in amounts from $10,000 to $417,000)Ĭonventional mortgage loans are flexible:.

Requirements for these loans are determined by:

MONEYHOUSE LOAN SERVICING MAC

If you qualify, conventional mortgage loans offer many advantages and they are often more affordable.Įvery day, thousands of new and existing homeowners close Fannie Mae and Freddie Mac mortgage transactions and fulfill their dreams of homeownership. Rather than being insured by the Federal Government, conventional mortgage loans are insured by private mortgage insurance companies. The Moneyhouse Conventional Loan is a traditional mortgage loan offered largely through the secondary market private agencies Fannie Mae and Freddie Mac.