Fixed Rate—Conventional Mortgages

There are two main types of conventional mortgages: conforming, for up to $417,000 and jumbo, for $417,001-$2,000,000. Exceptions are in Alaska and Hawaii, where conforming mortgages go up to $625,500.

• No Private Mortgage Insurance (PMI) required in most cases
• 15-year or 30-year fixed rate. Available for primary residence, second homes and future primary residences
• 40-year fixed rate (conforming loans only). Available for primary residence and second homes
• Pay biweekly and save (15-year and 30-year loans only)
• Low downpayment loans available

Also consider Balloons, HomeBuyers Choice, ARMs & Interest-only Mortgages.

View payment example.