Conventional home loans In Nebraska
Conventional home loans are a fantastic option for buyers with great credit scores. Conventional loans do not require 20% down and in some cases buyers can qualify with as little as a 3% down payment.
Benefits of a Conventional home loan
- Low rates and low monthly Mortgage Insurance
- No Mortgage Insurance with 20% equity in the home
- Pay your mortgage off at any time without pre-payment penalties
- Minimum 640 Credit score
- Max debt to income ratios of 50% (vary based on compensating factors)
- Gift funds and non-occupying co-signers are allowed
Got questions? Give us a call! One of our mortgage specialists would be happy to answer all of your questions and get you started with a great low rate today!
Working with the Petrovich Team
- Fast and efficient, we close most of our loans in 30 days or less.
- We offer a variety of loans. The Petrovich Team can help you find the loan that is right for you!!!