Conventional

Conventional loans are often considered the vanilla ice cream of mortgage loans.  This is the typical loan.  They are not insured by the government but by private mortgage insurance companies. Credit guidelines are more strict than government loans and there is little wiggle room in the requirements for qualification.  However, a conventional loan can be used to buy a rental property or a vacation home. Also, with a 20% down payment you can avoid mortgage insurance.

Cynthia Rock Loan Team of NRL Mortgage

Cynthia Rock Branch Manager #150241

972-771-4925

cynthia.rock@nrlmortgage.com

5910 N. Central Expy, Suite 1955

Dallas, Texas  75206

United States

 

NRL NMLS # 181407

4400 Post Oak Parkway, Suite 1000 Houston, TX 77027 | NRL Mortgage | Equal Housing Lender | Nations Reliable Lending, LLC © 2020. All Rights Reserved. 713 275-1300 | NMLS ID 181407.