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.

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. Edward Stubbs - American Nationwide Mortgage Company offers conventional mortgages in Fort Worth, as well as all of Texas.

What is a Conventional Loan?

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

Conforming vs. Non-Conforming Loans

Conventional loans are split into two types: conforming and non-conforming.

Benefits of Conventional Loans

Conventional loans are intended for borrowers with better income and credit scores, and have good rates and flexibility.

Conventional Loan Limits

Different counties have different limits on how much you can borrow for a Conventional Loan.

Get Pre-Approved for a Conventional Loan

If you are looking to purchase a home in Fort Worth, or anywhere in Texas, contact Edward Stubbs - American Nationwide Mortgage Company at (817) 655-3644 for more information, or simply fill out the form on this page.