About Conventional Home Loans
An Conventional loan is a mortgage loan that is insured by the Fannie Mae or Freddie Mac. Essentially, makes affordable housing accessible to homeowners, homebuyers, and renter across the country.
Fannie Mae was chartered by U.S. Congress in 1938 to provide a reliable source of affordable mortgage financing across the country. Today, our mission continues to provide a stable source of liquidity to support low- and moderate-income mortgage borrowers and renters. One of the ways we do this is by enabling greater access to affordable home and rental housing finance in all markets and at all times.
We’re here to make the Conventional home loan process easier, with tools and knowledge that will help guide you along the way, starting with our Conventional Loan Qualifier.
We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a repeat buyer.
The Conventional Loan Process
Here’s how our home loan process works:
- Complete our simple Conventional Loan Qualifier
- Receive options based on your unique criteria and scenario
- Compare mortgage interest rates and terms
- Choose the offer that best fits your needs