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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.
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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