Mortgage Loans

Conventional Home Loans

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Conventional loans can be used to finance a primary residence, a second home, or a rental property. Conventional loan borrowers have the choice of opting for either adjustable-rate (ARM) or fixed-rate loans, depending on their plans for the property.

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Learn the benefits of a Conventional home loan. Eagle Home Mortgage can help you understand if you qualify for a Conventional loan and other home loan.

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A "conventional" (conforming) mortgage is a loan that conforms to established guidelines for the size of the loan and your financial situation. Conventional loans may feature lower interest rates than jumbo loans, FHA loans or VA loans. Terms of these conventional loans typically range from 10 to 30 years.

Conventional loans offer low down payments to qualified buyers and are readily available from most mortgage lenders. Find and compare conventional mortgage rates from lenders in your area.

V.A. Home Loan If you are a low-income, wartime period Veteran who meets certain age or disability requirements – or if you are a surviving family member of a Veteran who meets the criteria – you may be eligible to receive tax-free, supplemental income.

A conventional home loan is a mortgage that is not insured, or guaranteed, by the federal government. They’re popular with borrowers who have good credit, a stable job and income, who can afford a down payment, and people who are financially stable overall.

Which Is Better FHA or Conventional (Part 1 - The FHA Loan) A conventional loan is a mortgage that is not backed or insured by the government, including all Federal Housing Administration, Department of Veterans Affairs, or Department of Agriculture loan.