A conventional mortgage is a plain-vanilla home loan that’s ideal for borrowers with good or excellent credit. These can carry a fixed rate or carry an adjustable rate.
They are offered through private banks and are not backed by government agencies such as the Federal Housing Administration and the Department of Veterans Affairs.
With the rapid increase in property values in many regions, it might be a good time to consider refinancing your home loan. Realty Mortgage offers a variety of mortgage refinancing rates and options. We can advise you on which mortgage refinancing program meet your needs and help you refinance today.