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Wondering how much your mortgage will be? Use our calculators to perform mortgage-related calculations such as your expected monthly payments.
Conventional Loans
Conforming loans typically refer to loan amounts that conform to government service standards as determined by Fannie Mae & Freddie Mac. These two government agencies, set up in the early 1940's, were established to help people finance new homes. The Conforming loan limit is $417,000 for single family homes. However, not all conforming loans are serviced by these government agencies.
97% LTV are available for purchases for primary residences. Min 720 credit scores and max debt to income ratio of 41%
90% LTV is available for 2nd home purchases. 680 min credit scores
80% LTV is available for investment properties. 680 min credit scores