You Deserve a Mortgage Tailored to Your Needs
Conventional loans offer flexibility. Whether you want a low downpayment, you want to avoid paying mortgage insurance, or you have a specific payment timeframe in mind, there's a conventional loan well-suited for you. If you have the right financial history, a conventional loan can give you the best deal for your mortgage.
What is a Conventional Loan?
A mortgage not insured or secured by a government entity. It is issued based on guidelines of the (GSEs) Government Sponsored Enterprises. Fannie Mae and Freddie Mac, These loans offer down payments from 3% up.
This is traditional financing for residential loans of 1-4 family structures, it can be used for primary, 2nd home-vacation home. or an investment property. Borrowers can put down as little as 3% (restrictions apply) or more. Mortgage insurance is required with less than 20% down. The property types include- single, 2 family, 3 family or 4 family dwellings, condo, manufactured, and attached housing.
Loan limits vary by county and will change annually.
Do I Qualify for a Conventional Loan?
- Borrower must have a minimum of 620 credit score
- Down payment and closing costs can be a gift from family
- Seller can pay buyers closing costs
- Can use non – occupying co-signer
- Reserves often needed ( reserves are principal, interest, tax, insurance, and any association if applicable ) are available after closing
- Both states and many counties offer different options. Please reach out to identify and discuss options.
Why work with a broker?
Some home buyers wonder if it's necessary to work with a mortgage broker. After all, if you speak with banks or other lending agencies, they'll be more than happy to offer their products to you. The problem is simple: they're all trying to sell you something.
They want you to buy the loan that will make them the most money, not the loan that will help you invest in your future. When you work with the right mortgage broker, you gain an advocate who can cut through sales talk and legalese to find your best options.
When you choose us , we'll work within your budget to determine how you can get the property you're looking for. Combining this empathetic listening with our skills and experience, we'll make sure you're the one getting a good deal. That's the Buckeye Lending Solutions promise.
Trust the Mortgage Experts
Prompt Loans
Once we understand your situation, we work quickly but thoroughly to find the best loan for you.
Working For You
Don't let a banker limit your options. Hire someone who's looking out for your interests throughout the process.
Friendly support
Our support team is here to ensure that things run smoothly. You’ll always find the help you need.
Great Value
Find the lowest possible interest rates with us and watch your new home appreciate in value over time!
EXPERT LOAN COUNSELING
At Buckeye Lending Solutions, we help people buy their dream home. Let's help you buy yours.
KNOW YOUR OPTIONS
Don't trust bankers to tell you all your lending options. Work with someone who has your needs in mind.