What?

A conventional loan is a mortgage that is not guaranteed or insured by any government agency, including the Federal Housing Administration (FHA), the Farmer’s Home Administration/United States Department of Agriculture (FHA/USDA) and the Department of Veterans Affairs (VA). A conventional mortgage is typically fixed in its terms and rate, however, adjustable rate options (ARM’s) are available.

Benefits

• Down payments as low as 3% (gifts from qualified donor permitted)
• Can borrow up to 97% of home’s value
• Higher debt to income ratios accepted
• Competitive  Interest Rates
• No funding fee, guarantee fee or up-front mortgage insurance premium
• 10, 15, 20 & 30 Year Loan Terms Available
• Flexible property condition requirements

If you're interested in buying a home in Montana, Mann Mortgage can help you make it happen. Please contact us today or apply online in less than 10 minutes using the secure online application below.