Conventional Loan

Let us help review your conventional loan options with you!

What is a Conventional Loan?

A conventional loan is the most popular type of mortgage in the United States. It's a loan with guidelines written by Freddie Mac & Fannie Mae. Conventional loans offer mortgages up to $766,550 for the year of 2024 (and some areas up to $1,149,825) for single unit properties. Typically conventional loans make sense for borrowers with average, good, or excellent credit.

Why a Conventional Loan?

Why a Conventional Loan?

Benefits of a Conventional Loan

Benefits of a Conventional Loan

Typically better rates than private loans

Typically better rates than private loans

If you need mortgage insurance (less than 20% down), it's temporary

If you need mortgage insurance (less than 20% down), it's temporary

Easier appraisal process than other loans (and sometimes waived)

Easier appraisal process than other loans (and sometimes waived)

Finance homes that are more expensive than you can with FHA loans

Finance homes that are more expensive than you can with FHA loans

Steps

Conventional Loan Process

Evan and his team were quick, efficient, and communicative throughout my refinance. Highly recommend Modern Home Lending to any future or current home owner!

Dylan Lesan

1.

Tailored Mortgage Assessment

Request a custom analysis for your situation

2.

Preapproval

We’ll send details on your pre-approval along with different conventional loan options

3.

Select Your Ideal Mortgage Solution

Review the different options to see what makes sense for you

4.

Close in Under 30 Days

We start the loan process and close in well under 30 days (on average)

Steps

Conventional Loan Process

1.

Tailored Mortgage Assessment

Request a custom analysis for your situation

2.

Preapproval

We’ll send details on your pre-approval along with different conventional loan options

3.

Select Your Ideal Mortgage Solution

Review the different options to see what makes sense for you

4.

Close in Under 30 Days

We start the loan process and close in well under 30 days (on average)

Steps

Conventional Loan Process

1.

Tailored Mortgage Assessment

Request a custom analysis for your situation

2.

Preapproval

We’ll send details on your pre-approval along with different conventional loan options

3.

Select Your Ideal Mortgage Solution

Review the different options to see what makes sense for you

4.

Close in Under 30 Days

We start the loan process and close in well under 30 days (on average)

Get a No-Cost Quote in
Just 30 Seconds!

Get a No-Cost Quote in
Just 30 Seconds!

Modern Lending, LLC DBA Modern Home Lending

NMLS#1738930 | AZMB#0947744 | CO#1738930

| GA#1738930 | FL#MBR4862


NMLS Consumer Access

Reach out to us

4250 N Drinkwater Blvd #300

Scottsdale, AZ 85251

info@modernhomelending.com

© 2023 Mordern home lending All Rights Reserved.

Mortgage Broker only, not a Mortgage Lender or Mortgage Correspondent Lender.

If you would like additional assistance or have accessibility concerns, please contact info@modernhomelending.com

Modern Lending, LLC DBA Modern Home Lending

NMLS#1738930 | AZMB#0947744 |

CO#1738930 | GA#1738930 |

FL#MBR4862


NMLS Consumer Access

Reach out to us

4250 N Drinkwater Blvd #300

Scottsdale, AZ 85251

480.598.8700

info@modernhomelending.com

© 2023 Modern Home Lending. All Rights Reserved.

Mortgage Broker only, not a Mortgage Lender or Mortgage Correspondent Lender.

If you would like additional assistance or have accessibility concerns, please contact info@modernhomelending.com

Modern Lending, LLC DBA Modern Home Lending

NMLS#1738930 | AZMB#0947744 |

CO#1738930 | GA#1738930 |

FL#MBR4862


NMLS Consumer Access

Reach out to us

4250 N Drinkwater Blvd #300 Scottsdale, AZ 85251

info@modernhomelending.com

© 2023 Mordern home lending All Rights Reserved.

Mortgage Broker only, not a Mortgage Lender or Mortgage Correspondent Lender.

If you would like additional assistance or have accessibility concerns, please contact info@modernhomelending.com