Tag: conventional loan

When to Go the Conventional Loan Route

  • Blog
When looking to buy a home, hundreds of questions start to generate. One of those questions might be, “What type of loan should I get?” These are two of the most common loan types: FHA vs Conventional Loan Two common home loans are FHA and Conventional loans. Which is the better option? What are the...

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What is the Minimum Downpayment for a Conventional Loan?

  • Blog
Many house owners are at least familiar with what mortgages are and how they work. However, prospective homeowners or aspiring real estate dealers are new to the term. A mortgage is a loan any prospective homeowners take from a lender to purchase or maintain a home and pays it back with time. Typically,...

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V.I.P. Mortgage, Inc. DBA Spire Financial does Business in Accordance with Federal Fair Lending Laws. NMLS ID 145502. For state specific licensing, visit www.vipmtginc.com/national-licenses/. V.I.P. Mortgage, Inc. is not acting on behalf of or at the direction of the FHA/HUD or the Federal Government. This product or service has not been approved or endorsed by any governmental agency, and this offer is not being made by any agency of the government. V.I.P. Mortgage, Inc. is approved to participate in FHA programs but the products and services performed by V.I.P. Mortgage, Inc. are not coming directly from HUD or FHA. Information, rates, and programs are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions may apply. This is not an offer to enter into an agreement. Not all customers will qualify.

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