Is a Conventional Home Loan Right for You?
About 35 to 50 percent of home buyers opt to go with conventional loans. If you’ve got a solid credit rating, these home loans deliver many benefits, including if you put down 20 percent for your down payment, you can avoid mortgage insurance. Any buyer that has a solid credit score or can come up with a substantial down payment should strongly consider the conventional home loan route.
The Versatility of Conventional Purchase Loans
Unlike FHA or VA loans, conventional loans can be used on investment properties and second homes. If you’re seeking assistance buying a vacation home or speculative property, then this type of purchase loan could be perfect for you.
Advantages of Conventional Loans
Spire Financial has the loan experts to guarantee you take advantage of all the opportunities conventional loans afford you. These purchase loans help you attain additional properties you can use as an investment, increasing your assets. Anyone with solid income and decent credit is going to be a good fit for a conventional home loan.
A Lending Hand for Financing Home Mortgages
Spire Financial (A Division of AmeriFirst Financial Inc.) brings lending expertise to you. All of our loan officers offer personalized communication for every client, guiding them through the process. We can show you ways to maximize your finances and unlock future opportunities. Spire Financial keeps you in control of refinancing, debt consolidation, and home equity. Together, we can achieve your financial goals.