A conventional loan is one that meets the standards of loan guidelines established by government-sponsored enterprises Freddie Mac and Fannie Mae. The most well-known conforming loan guideline is the size of the loan. There are two different types of conforming loan size limits: standard and high-cost area. The Standard balance is up to $484,350 and the Conventional high-balance is from $484,351 to $726,625.
As low as 3% down
Standard and high balance loan limits available where applicable
In-house Docs & funding
Fixed and adjustable rate mortgages available
CONTACT VAMAR LENDING
Tel: (760) 200-4620