We are the experts in conventional loans you can rely on.
Many people dream of owning their own home someday, but most folks can’t afford to buy a home with cash. Most prospective buyers will need to secure a mortgage that they will pay off over a period of many years. There are several kinds of home loans out there for people to consider, but conventional loans are the most common option by far.
A conventional loan refers to any mortgage loan that is not insured or guaranteed by the government. Instead of being offered by a government entity, conventional loans are offered by a private lender, such as a bank, credit union, or mortgage company. Because they do not have the security provided by the government, conventional loans typically have stricter lending requirements, such as a minimum credit score of 620 and a minimum down payment of 3% in many cases. Other requirements exist as well, and we can help you determine whether you meet them at Steve Owens Home Loans – MIG.
Aspiring homeowners in Greensboro, North Carolina can turn to our company for help finding the right mortgages for their needs. We can help you understand which loans are best for you based on your unique situation, and our team also has access to several helpful programs that can assist you on your homebuying journey.
As experts in conventional loans, we will ensure you have the information you need to move towards your goal of home ownership, and we will help you get your loan application in process. Contact us today to get started.
