Conventional 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.

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Licensing

NMLS ID: 1798321

nmlsconsumeraccess.org

Contact Us

Rapid Mortgage Funding
30800 Telegraph Rd
Bingham Farms, MI 48025

Number:
(248) 537-9200

Hours:
MON-FRI 8AM - 5PM