Conventional Loans Explained скачать в хорошем качестве

Conventional Loans Explained

#phoenixmortgagelender #preapproval #realestate Mortgage is our ministry! Need a mortgage or want to discuss your scenario? We are licensed and serving families in 48 states for purchase and refinances. Here is how to contact me: 1. Apply for a mortgage Loan now at https://phxhomeloan.com/apply . Once you apply, please shoot me an email with your name and contact info at [email protected] so we can be on the lookout for your submitted app! 2. Call me 602-908-5849 Instagram-   / jimmyv____   Facebook-   / thevercellinoteam   Jimmy Vercellino, Mortgage Loan Originator / Regional Residential Mortgage Director NMLS 184169 at First Western Corporate NMLS 477166 Vercellino Team Headquarters: 3602 E Campbell Ave, Phoenix, AZ 85018 Equal Housing Lender- For licensing, go to www.nmlsconsumeraccess.org Top 1% Mortgage Originators in the Nation More Helpful Content: Let’s Talk Construction to Perm:    • Let's Talk Construction to Perm   Should I Buy A Home Now or Wait?:    • Should I Buy A Home Now Or Wait?   What Happened to Mortgage Interest Rates?:    • What Happened to Mortgage Interest Rates?   I’d Sell My Home Now But Where Would I Go?:    • I'd Sell My Home But Where Would I Go   What is a conventional loan? A conventional loan is a home loan that is NOT a FHA or VA Loan. Conventional home loans adhere to the guidelines of Fannie Mae and Freddie Mac. Down payments for a conventional mortgage start at only 3%, allowing borrowers to put as much money down as they would like. While it’s not necessary, it does pay to put down 20% if possible, helping you to avoid paying private mortgage insurance. Loan limits for conventional mortgages are capped at $510,400 in most counties across the nation. In addition, conventional mortgage types come in all different shapes and sizes depending on the individual needs of the client. These mortgage options vary from adjustable and fixed rates, with terms spanning from 15 all the way to 30 years. Conventional mortgages also allow for 2nd homes and investment property financing- allowing a home buyer to get that vacation property they’ve always wanted or an investment property to build and create wealth. To start your conventional mortgage process today, APPLY at PHXHomeLoan.com or schedule a preliminary mortgage consultation by contacting my office at 602-908-5849.