8 Benefits of a Conventional Mortgage Loan – North Florida Mortgage

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FHA – VA – Conventional – Jumbo Loan – USDA – Orlando Financial – The current Fannie Mae guideline for conventional home mortgage loan is at just over $424,100 for a single-family home in Central Florida and can vary in other areas. Thirty-Year Fixed Rate Mortgage. The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change.

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Home Loans and Mortgages | Union Bank – Learn about the variety of mortgages and home loan options at Union Bank to pick the one that's best for you.. At Union Bank, our knowledgeable Mortgage Consultants can assist you in. loans with initial fixed-rate payment periods, conforming loans, and jumbo loans. Benefits of refinancing your current home loan:.

Conventional Mortgage in Florida – You can buy with as little as 3% down if you are a first time home buyer. with anything less than 20% down you will have PMI. Conventional financing is also available for manufactured housing with some different limitations. Currently the maximum loan limit for conventional financing is $484,500.