Conforming Loan – Fixed Rate
A conforming loan is a mortgage that is not guaranteed or insured by any government agency, including the Federal Housing Administration (FHA) and Department of Veteran Affairs (VA). Conforming loans meet guidelines such as loan limits that are set by government-sponsored enterprises (GSE), Fannie Mae or Freddie Mac.
What are the benefits of a Fixed Rate Loan?
Buy a house with as little as 5% down
Consistent mortgage payments
Refinance up to 97% of your primary home’s value
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