Looking for a Conventional Loan?
Check out the information below and let us know if we can help
Here at Aspen Home Mortgage, we believe everyone should have the opportunity to achieve the American Dream of Home Ownership and a Conventional Loan is one of the easiest ways to do just that.
A conventional mortgage refers to any loan that is not insured or guaranteed by the federal government, as opposed to government-insured loans including Federal Housing Administration (FHA), U.S. Department of Veteran Affairs (VA) and U.S. Department of Agriculture (USDA). Conventional mortgages (whether conforming or not) typically have a slightly higher down payment than government loans; however, this loan option normally provides more flexibility with fewer restrictions.