Conventional Home Loans
Despite talk of interest rates increasing, following the recent general election, there’s never been a better time to buy or refinance a home. We have access to all the best and most competitive programs available. Because of this, we can offer you a selection of different conventional loan programs with the most favorable terms.
Per bankrate.com, “A ‘conventional loan’ is any mortgage not guaranteed or insured by the federal government, but which is within the lending limits set by Fannie Mae and Freddie Mac.” Most home loan borrowers in the USA fall within the criteria of needed a conventional mortgage loan. This is the case whether it’s a home purchase or a refinancing option.
Conventional Loan Options
The following different options are available for conventional loans. Depending upon your particular need, choose which one fits you best:
Fixed-rate loan: Your payment remains the same throughout the length of your loan. This is an excellent choice if you plan to live in the home for many more years.
Adjustable-rate loan: Your rate will adjust and your payments will fluctuate based on changes in the market. This is a good option if you don’t plan to own the home for long. It’s a good option to take advantage of lower interest rates in the first few years of your loan.
Interest-only loan: You only pay the interest on the principal balance of the loan for a certain period of time. This is a good choice if you are looking for more flexibility. Your initial payments will be lower the first few years of the loan.
Why Work with Mario Quintero
Would you like to take advantage of the various conventional loan benefits available? Take a look at your options with the help of Mario Quintero of STC Loans. Mario has been in the home mortgage loan business since 2002. Because of this, his experience is tested and true. Mario has helped thousands of clients like you with their conventional home loan needs.
Mario Quintero, principal of Strock and Tanner Mortgage, gets your deal done. Let me be both your trusted Miami realtor and Miami mortgage broker.
Get in Touch with Mario
I’m Mario Quintero, your mortgage & realtor for life. Let me be your Miami home consultant. Our office specializes in both residential and commercial real estate and financing programs. Let me help you secure a conventional, jumbo, FHA and foreign national mortgage loans. Furthermore, we can help your elderly parents secure a comfortable retirement with a reverse mortgage.
Call me today at 305-598-1600 or contact me here.