A Conventional Loan is a Great Option if You Qualify
Conventional loans have more stringent guidelines and are more credit sensitive than FHA and VA loans. However, for home owners and buyers that qualify, conventional loans typically offer lower monthly payments, decreased mortgage insurance, and are less expensive than government loans.
With 20% down you can avoid mortgage insurance on a conventional loan. Mortgage insurance can be eliminated without refinancing. Kathleen is one of a few lenders that are offering conventional loans with only a 3% down payment conventional loan programs with little down and no mortgage insurance. Kathleen provides her clients with more conventional loans programs and options than any other lender in colorado.
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Is a conventional loan right for you?
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