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Searching for the right loan? Maybe a Conventional 97 Loan is perfect for you!

Jeannette Thompson

Published 2 weeks ago

If you’re a first-time home buyer, saving up enough money for a downpayment can be a struggle. In fact, in recent research by Fannie Mae, it was discovered that the down payment requirement was the most significant hurdle for first-time home buyers. For many, it may seem like your only option for homeownership is a government-backed loan with higher fees than conventional loans, but that doesn’t have to be the case.

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Searching for the right loan? Maybe a Conventional 97 Loan is perfect for you!

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National Rate Averages

Conf. 30Y Fixed

5.328%
0.005

FHA 30Y Fixed

5.217%
-0.031

Jumbo 30Y Fixed

4.902%
0.079

Rate averages are calculated from actual locked rates. Learn more.

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Published 3 weeks ago

Home Loans, LLC

Company NMLS# 1850117

202 Main Street
Frisco, CO 80443
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Notice that the Gongloff Group has a business relationship with Home Loans, LLC. The owners of both companies own 100% of ownership interest in each business. Because of this relationship, this referral may provide the Gongloff Group a financial or other benefit. You are NOT required to use the listed provider(s) as a condition for settlement of your loan or purchase, sale, or refinance of the subject property.

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