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CitiTrust Mortgage
Serving the Central Indiana Market
Conventional
Loans
A conventional loan is a loan not offered or secured by a government entity. The majority of these loans are sponsored under Fannie Mae (FNMA) or Freddie Mac (FHLMC) guidelines.
They are available through private lenders, banks, credit unions and mortgage companies.
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Conventional Loan Highlights
Conventional loan comprised of flexible terms and features:
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Minimum required credit score
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Flexible mortgage insurance options for down payments less than 20%
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Low interest rates
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Lower required penalties and fees for closing
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Gift funds can be used
Conventional Loan Programs
Fixed Rate, Adjustable rate, with many multiple options to choose from.
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