Conventional

Fannie Mae & Freddie Mac

  • Loans that fall under the guidelines set forth by the two largest purchasers of mortgage debt in the U.S., Fannie Mae and Freddie Mac, are referred to as, conventional

  • Available with a wide range of down-payment options, starting as low as 3% for 1st Time Home Buyers

  • Property type is not as restricted as with an FHA or VA loan

  • Terms are based on the level of risk associated with your loan. Meaning, the higher loan to value (LTV) ratios and lower credit scores can face higher costs

  • Higher loan amounts available

Other benefits of using

conventional financing:

  • Competitive rates on mortgage insurance (PMI) that are also based on the level of risk associated with your loan

  • Multiple down-payment assistance (DPA) programs available

  • 1 Year tax return options for self-employed borrowers

  • Low to moderate income programs for qualified borrowers

  • Fannie Mae Home Ready & Freddie Mac Home One®


Why do homebuyers use The Todd Hanley Mortgage

Team for their conventional loan?

  • Because they wanted EXPERT knowledge they can trust & an LO who understands the purchase market and knows how to GET YOUR OFFER ACCEPTED. United Direct Lending also has lightening quick closing times, great communication and, REALLY GREAT RATES!

Compare Rates

  • What’s your rate?

Working with a mortgage broker allows you access to multiple lenders. It pays to have options!