What is a conventional loan anyway?
A conventional loan is defined as any loan available through a private lender or the two government-sponsored enterprises Fannie Mae or Freddie Mac.
They have certain requirements, but if you qualify for a conventional loan, you have access to a flexible agreement that can be tailored to exactly your needs.
Why Get a Conventional Loan?
Conventional loans and mortgages offer homeowners a lot of flexibility and options when considering their plans.
Multiple Options For Your Needs
Conventional loans come in all types and sizes. Need a 30-year loan? Want an adjustable 7-year term? The Simpson Team can help get you the one that fits you best!
Faster Loan Underwriting
Without the need for government inspections or approval, you can avoid the delays inherent with other types of loans. Get the home you want sooner—not later!
Secure Interest Rates Over Time
Many conventional mortgages are fixed-rate products—which means your interest rate doesn’t fluctuate with the housing market. Pay what you agreed to and no more!
”I have worked with countless lenders in the past few years, and no one gets things done like Kenny. He is responsive, fast, well respected by his peers, and—most importantly—closes the deal at hand no matter how difficult the file is.Jason LessReal Estate Agent
3 Steps to getting a conventional loan
Buying a home, whether it’s your first or twenty first, is a process that takes time—even longer if there are delays or snags in the process. Having an organized, streamlined process can help secure your loan faster.
How The Simpson Team Helps You Succeed
There are a lot of concerns when buying a property. Not only have we seen this time and again with clients, we’ve experienced it in our own lives and in our own investments, too.
Kenny invests in San Diego real estate and has grown his initial investments of $35k into a multi-million portfolio in just 8 years. That’s on top of the fact that he’s done this investing during the two most turbulent decades in recent housing history.
With The Simpson Team, that experience goes to work for you. You’ll have a team of professionals dedicated to getting you the answers you need and the loan you deserve.
When’s the right time to buy? Know for sure with our Monthly Market Webinar!
Whether you’re buying for the first time or this your tenth property, the market changes. Make sure you’re up to date on all the most current details so you know you’re making the right choice at the right time.
Kenny and his team keep their subscribers up to date with home stats, current rates, market trends, and more! Sign up today for monthly insights that can help you invest and borrow better.