Conventional Home Loans
Conventional home loans are traditional home loans that are not backed by any agency and rely on the borrower’s credit score, ability to pay, and down payment. Traditional home loans offer the most flexibility of all home financing options and are not subject to the same restrictions, limitations, and qualifications as government-backed mortgages. Because there are less strict guidelines and qualification is based on your credit score, income, down payment, and financial history, you have more leverage in negotiating loan terms, interest rates, and payback options. Let the Delgado Team at Guaranteed Rate help you discover what you qualify for and maximize your home loan potential.