Types of Loans

Conventional loans are mortgage loans offered by non-government sponsored lenders. A conventional, or conforming, mortgage adheres to the guidelines set by Fannie Mae and Freddie Mac. It may have either a fixed or adjustable rate.

While many think that a 20% down payment is required for all conventional loans, many lenders now offer low down payment options.

CONTACT INFO

30200 Telegraph Rd. Suite 360
Bingham Farms, MI 48025

LICENSING

Gateway Mortgage Company, Inc.

NMLS ID: 2067526

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Disclaimers

Equal Housing Lender