919-655-0330
Conforming

Conforming Loans

This is the most common, most used, most popular type loan program. This simply implies two things about a loan: First, that the maximum loan size is $417,000. And Second, that the loan has been originated in a manner that makes it eligible for sale to the two Government Service Entities (GSE’s) commonly called Freddie Mac and Fannie Mae. The minimum downpayment is 3%. However the more common loan programs will require a minimum of 5% downpayment. This product is available for both Primary residences and Residential Investment property as well as owner occupied second homes (Mainly vacation homes).

 

What people are saying

We are extremely pleased with the service we have received at Mortgage Choice. We have secured three home mortgages with David Tyndall and have never felt so confident working through the often confusing and tedious process. David is so easy to talk to and has helped us understand the complexities of the loan process. We truly feel that he has our best interest at heart and is a man of high moral character. He is also very easy to get into contact with and often answers his direct line himself. On occasions when another member of the staff answers the phone, calls are never screened and you are put through to David immediately, without ever being asked your name or the nature of the call. We have already and would continue to recommend the services of Mortgage Choice to close friends and will absolutely secure future mortgages with Mortgage Choice Inc.


Christie Johnson