Calculate Your Conventional Home Loan Payment
About Conventional Loans
Conventional Home Loan Requirements
Lower Monthly Payments
Quicker Equity Earned
Conventional home Loans in Salem, Oregon
Frequently Asked Questions
If you have a fixed rate conventional loan, it is not assumable. However, a conventional adjustable rate mortgage (ARM) might be assumable after the rate has started adjusting.
Looking to buy a house that needs a little work? You can get a conventional or FHA renovation loan for a purchase or a refinance transaction.
A credit score is just one piece of your overall financial picture, so make sure you talk with a loan officer about your qualifying factors. That said, a conventional loan typically requires a credit score over 620, and all borrowers should have a credit score.