Conventional Loan Articles

Conventional loans are mortgage loans that are not guaranteed or insured by the federal government, but instead, are backed by private lenders like banks, credit unions, and mortgage companies. These loans require stricter qualifications, such as higher credit scores and income requirements, than government-backed loans. However, conventional loans offer more flexibility in loan amounts and repayment terms. This web page features articles about conventional loans, which can be useful for learning about the pros and cons of this type of loan, the application process, and how to find the right conventional loan to suit your needs.

The Basics of Qualifying for a Conventional Loan

Pros and Cons of an FHA Loan Vs. Conventional Loan

Why Did My Mortgage Escrow Increase?

Can I Get A Conventional Loan With 5% Down?

What are the Pros and Cons of a Conventional Loan?

SOURCE:
Home Possible Mortgage
Home Possible Mortgage Underwriting Methods and Requirements
Frequently Asked Questions

Recommended Reading

What is a Conventional Loan Non-Occupant Co-Borrower?
How to Get a Conventional Loan After Chapter 7 Bankruptcy
Find out the credit requirements for a conventional loan.