Conventional Loans

Conventional Loans

Conventional Loans are mortgage arrangements provided by lenders not sponsored by the government, adhering to standards outlined by Fannie Mae (FNMA) or Freddie Mac (FHLMC). These loans apply to primary residences, second homes, and investment properties. On an annual basis, Fannie Mae and Freddie Mac set loan limits for Conventional Loans.

Conforming Loan Limits

 

Number of Units

Maximum Original Principal Balance

1

$ 726, 200

2

$ 916, 000

3

$ 1, 107, 000

4

$ 1, 376, 000

 

For our entire selection of our Conventional Loan Programs, please engage a teammate.  Click the link to set up a call!

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Our Quotes

Team Pope Home Loans Good Faith Estimate

Simply provide the necessary information and we’ll be in touch right away, you tell us when.  In the meantime, our calculator can provide the estimate you need to plan accordingly.

Model Your Loan Here

Total Principal Paid

$1500

Total Interest Paid

$897

Monthly Payment

$15

Months To Payoff

$130

Borrowing :

$3500

Total You Will Pay:

$6000