Conventional Loans

Coins stacked up from smallest to highest to be used for conventional loansConventional 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.

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*Please visit our Disclosures page for more details for all loan types.” on all pages that have the above terms https://www.apmortgage.com/disclosures

1090 Adams St. Suite L. Benicia, CA. 94510 | (707) 486-2860
Branch NMLS# 868499
Licensed in California, Nevada and Oregon

Mitchell Chernock NMLS 236204
CA.DRE: 00583404/01215943

Licensed by the Dept. of Business Oversight under the CRMLA
Company NMLS#1850

Equal Housing Opportunity

© 2020 American Pacific Mortgage Corporation. For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to underwriting approval. Some products may not be available in all states and restrictions may apply. Equal Housing Opportunity.