Conventional Financing

A conventional home loan is a mortgage which is not guaranteed by a government agency such as the Veterans Administration (VA) or Federal Housing Administration (FHA) in the United States. Conventional home loans also have several other characteristics which set them apart

from other types of home loans. The amount of loans on the market which are considered conventional mortgages can vary at any given time; usually, at least one quarter of residential home loans are conventional home loans.

Classically, a conventional home loan has a fixed rate and term, which may be 15 or 30 years. Although adjustable rate mortgages sometimes meet the standard to be considered a conventional home loan, many lenders specifically associate conventional home loans with fixed rates. When the mortgage is issued, no more than 75% of the assessed value of the home can be financed. The loan is also usually not assumable.

We interact with you on a unprecedented personal level, sharing our expertise and guidance with you in every step of the way. We make ourselves available to all of our clients and answer any question big or small. Our most important job is to make sure that you are taken care of.

EDUCATION: The more you know the better prepared you are to make the correct decision when it comes to selecting your home mortgage loan.

COMMITMENT: During the funding process we are constantly in communication with you. We utilize the most advanced technology in the industry to lock down the best possible rate. These steps end up saving you thousands of dollars during the lifespan of your loan.

FLEXIBILITY: We are a boutique firm, which means that every deal is custom tailored. We don't run a cattle farm, and treat everyone as an individual.

We work with the banks on your behalf. It is in our best interest to make sure that you have the lowest possible rate.

Everything we do is done at a pace that keeps your comfort in mind. We stick by this principle even when it comes to contacting us. We give you 3 options to allow us to open communication with you such as email, ground mail, and phone. If you know that your ready for a free consultation you can contact us directly at any time.

We don't spend a lot on advertising because the truth is, our clients spread the word for us. We believe that there is something to be said when we see our clients continually come back with family members and friends that need our services.

Start by clicking the button below to get the ball rolling with us. We are excited to help you discover all the possibilities that await you with Phoenix Funding Group.