1799 Smizer Station Rd, Fenton, MO 63026, United States
+16368613279
Why go for the conventional?Conventional loans are the most common loan in the market today.Conventional loans work best when you have more than 10% equity or down payment, and you have higher credit scores. They can also be used for a greater variety of property types and loan purposes.If you have less than 20% equity, you are required to have mortgage insurance, however, depending on the loan-to-value and your credit scores, the mortgage insurance can be very inexpensive. If you have at least 20% equity or are making a 20% down payment, then Conventional home loans are hard to beat.
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1799 Smizer Station Rd, Fenton, MO 63026, United States
+16368613279
https://www.stlmortgageconsultants.com/conventional-home-loans/
