Here are some things to know about Conventional Loans. Please call us so that we can answer any additional questions you might have.
- As low as 5% down
- No mortgage insurance with 20% down
- If putting less than 20% down, mortgage insurance may be less expensive than other loan types
- Very low interest rates
- Can be used to purchase a second home or investment property
- Loans available on properties up to 4 units
- Can be used for debt consolidation with a refinance
- Faster to process with minimal hassle for the borrower
PRMI NMLS 3094. PRMI is an Equal Housing Lender. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. This is not a commitment to lend. Programs, rates, terms and conditions are subject to change without notice.