Allied Residential Mortgage

Conventional Mortgage Loans

A conventional loan is a mortgage loan that’s backed by a government-sponsored entity. These loans come in all shapes and sizes, and while they don’t provide some of the benefits of FHA, VA, and USDA loans, they remain the most common type of mortgage loan.

Conventional loans are originated, backed, and serviced by private mortgage lenders like banks, credit unions, and other financial institutions.

These loans are broken down into conforming and nonconforming loans, depending on whether or not they conform to guidelines set by the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac), the two government-backed mortgage companies that own many mortgages in the U.S.

Why Choose Allied Residential Mortgage?

At Allied Residential Mortgage, we’re committed to guiding you through the mortgage process with transparency and expertise. Our team of dedicated professionals will work with you to find the best conventional loan option to fit your unique needs, ensuring a smooth and stress-free path to homeownership.

Ready to take the next step? Contact us today to learn more about our Conventional Mortgage Loans and discover how we can help you achieve your homeownership goals.