For first time buyers to experienced homeowners: conventional loans come in a variety of options to suit a broad spectrum of qualified borrowers.
Down payment options from 1% - 25%.
No Mortgage Insurance requirements with 20% down payments.
Minimum FICO score of 620.
Loan amounts generally below $484,350 (2019 conforming loan limit).
Ideal for primary, secondary and investment properties.
Your specific options can depend on the area of the country you live in, your individual financial profile, and the type of property you are purchasing. To learn more, get in touch with your AMEC loan expert today.
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