Conventional Loans

CONVENTIONAL LOANS

Conventional mortgages are your standard traditional mortgage. They are not insured or guaranteed by the government like FHA, VA, and USDA. Fixed rates and adjustable rates are available; however fixed rates are the norm in today’s lending environment. With 20% down you will not have any monthly mortgage insurance and there are no funding fees like there are on government loans. However, with a down payment less than 20% you will incur monthly mortgage insurance premiums (you can put as little as 5% down). Interest rates vary quite a bit on conventional loans since they are not guaranteed by the government. Credit score and loan to values play a huge part in the rate you will receive. This product has the opportunity to earn the most competitive rates and closing costs.

Prequalify for a Conventional Loan

If you’d like to get a quote on a conventional loan and/or want to know what government loan programs you may be eligible for, click here to get started and a member of our Team will contact you within one business day.and a member of our Team will contact you within one business day. It’s that simple! Come on, Call The Money Man, and let us show you what makes us different.

We also specialize in the following MO Home Loans:

Jumbo Loans
VA Loans
Conforming Loans
FHA Loans
Fixed Rate Loans
Rural Development Loans

We strive on customer satisfaction, and will find the perfect loan that fits your needs. Feel free to pre-qualify or give us a call 314.744.7806
 


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