Conventional Fixed Rate Loans

A Conventional Fixed Rate Loan is a mortgage loan that has a fixed interest rate through the entire life of the loan. These loans follow standard Fannie Mae & Freddie Mac guidelines and are limited to the conforming loan limits for the county that the property is located in.  It’s possible to get approved for a conforming conventional loan with a credit score as low as 660.  Those interested in Conventional Loans will need to complete a mortgage application, provide required documents, their credit history and their credit score.