Conventional Loans

Conventional Loans

Conventional loans are mortgage loans offered by non-government sponsored lenders. A conventional, or conforming, mortgage adheres to the guidelines set by Fannie Mae and Freddie Mac. It may have either a fixed or adjustable rate.

While many think that a 20% down payment is required for all conventional loans, many lenders now offer low down payment options.

CONTACT

The Monastero Mortgage Team

James Monastero

Direct Number:
(919) 355-8046

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LICENSING

NMLS#76800
Licensed in all 50 states

Equal Housing Lender (002)FDIC (002)

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