If your finances are in order, a conventional mortgage could be right to achieve your goals. Good credit and a substantial down payment allow borrowers to use conventional loans to finance primary residences, second homes, and investment properties.
The conventional mortgage Colorado offers several advantages – from good interest rates are lower costs to more flexibility. Applicants may choose fixed-rate mortgages with guaranteed payments over 10 to 30 years or they can opt for adjustable-rate mortgages.
Qualified borrowers may also have options for low down payments for conventional loans. They are also eligible for higher loan amounts up to $484,350 for a single unit and more for multiple units.