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Conventional Loans for Coral Springs

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Sunshine State Mortgage

Conventional Loans are one of the loans offered by Sunshine State Mortgage in Coral Springs. Conventional loans are mortgages that are not insured by the government (like FHA, VA, or USDA loans), but they normally meet Fannie Mae or Freddie Mac lending guidelines. Private lenders provide the majority of conventional loans, which are then sold to Government Sponsored Entities (GSEs) Conventional loans often have better rates, periods, and/or fees than other forms of loans, but they typically require a borrower to have good to exceptional credit, reasonable monthly debt responsibilities, a minimum down payment of 3%, and consistent monthly payments. For more information call at: 954-803-7678 .

 

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