Conventional loans are any loan not guaranteed or insured by the federal government. Conventional loans can be either conforming or non-conforming meaning they use guidelines that conform to government sponsored enterprises like Fannie Mae or Freddie Mac. Conforming loans are the most straightforward in that the requirements like down payment, credit history, income and assets are standard requirements and the path to loan approval. Non-conforming loans include things like sub-prime loans, stated income, no income verification, no assest verification, and even no document mortgages. You can easily see why these have become less common due to the inherent risks involved for lenders. We invite you to learn if this option, or other options we have available, is best for your situation.
All of our programs include no applications fees, a free debt analysis, and 24-hour pre-approval in most cases.
What Our Clients Are Saying
“Grande Financial helped us keep more money in our pockets. They refinanced our mortgage, lowered our interest rate and paid off a few of our credit cards. Now we are saving $400.00 a month! Grande Financial really does care about me and my home! I highly recommend Grande Financial.” -Foster Price