Conventional loans are often simply called “mortgages.” They are offered by private lenders without the backing of a government agency. You can buy, refinance, and get cash from your home’s equity with conventional loans. When you have good credit and finances, conventional loans can offer you competitive interest rates and favorable terms. You can finance more kinds of houses with conventional loans compared to other mortgage types. You can often borrow more money to finance more expensive homes too.
Freedom Mortgage is a top residential lender in the United States according to Inside Mortgage Finance, 2021.
Conventional Home Purchase
Ask us what rate we can offer you
The rate we may be able to offer you is influenced by many things. Your interest rate may be affected by whether you want to buy a home, refinance a home, or get cash from your home’s equity with a conventional loan. Your credit score, your finances and income, as well as today’s mortgage market can also affect your rate. Freedom Mortgage may be able to offer you an interest rate that is lower – or higher – than rates offered by other lenders. Ask us today what rate on a conventional loan we can offer you.
Learn more about conventional loans
Our education articles answer your questions about how to buy a home, refinance a home, or get cash from your home equity with a conventional mortgage.
Buying and refinancing homes with conventional mortgages
Learn the differences between FHA and conventional loans
Annual percentage rate (APR) helps you understand a mortgage's total cost.
Learn how it might help you save on mortgage insurance