Best Conventional Loans Lender
Are you looking for a new conventional home loan as a first-time buyer? Look nowhere else. Our team of professionals is prepared to walk you through the application procedure straightforwardly and stress-free. Take advantage of cheap interest rates and select a term length that suits your needs to locate a payment arrangement.
Our conventional mortgage loans provide a variety of solutions to meet your specific needs when it comes to securing your dream home. Since not all homebuyers fall into the same category, we at Turaco Mortgage offer flexible and individualized solutions.
Our Conforming Conventional House loans provide appealing terms and affordable interest rates for customers looking for higher loan amounts. You may put your trust in your dream property with our support and expertise. We provide services in the following areas: Plantation, FL; Oakland Park, FL; Lauderdale Lakes, FL; Lauderhill, FL; and Tamarac, FL.
Conventional loans are offered both as fixed rate and adjustable rate loans, although fixed rate loans account for the majority of home financing. The loans are available in a variety of terms from 10 to 30 years. This loan type offers a consistent or “fixed” payment throughout the life of the loan. Standard fixed rate terms: 10, 15, 20, 25 or 30 years. By choosing a shorter fixed rate option, you can realize a substantial savings in interest over the life of the loan.
Conventional Loan Limits – The maximum loan amount allowed for a Conventional Conforming Loan is $453,100 for 2018. However, in high cost areas, there are Conventional Super Conforming Limits currently up to $729,750. To check loan limits in your area, please give us a call and one of our licensed loan officers will be happy to assist you.
A Conventional Loan is a home loan insured by either Fannie Mae or Freddie Mac. They are used for the purchase of primary, secondary and investment properties and have more restrictive credit guidelines.
- Freddie Mac and Fannie Mae Insured
- Primary, Second or Investment Property
- Single and Multi Family, Condo’s & Manufactured Homes
- Mortgage Insurance Options
- Lower Rates and Better Terms
- 97% Loan to Value – Conforming
- 90% Loan to Value – High Balance
- 80% Loan to Value – Jumbo
Are you a US Veteran? A Florida VA Loan might be your best loan option.
Are you a 1st Time Home Buyer? A Florida FHA home loan might be your best loan option.
Are you Looking to Purchase a Rural Property? Florida USDA home loan might be your best loan option.