home loan

What is a Conventional Loan?

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Definition of Conventional Loan A conventional loan is a type of mortgage, but not insured or guaranteed or backed by the FHA or any governmental agency for that matter. The rate and terms are pre-defined and fixed. Purpose There comes a time in all our lives when you would be considering taking a loan from … Read more

Are You Ready to Own a Home?

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Most young people begin their independent lives by renting an apartment or going off to college. As they build careers, save money, and start families, many may choose to buy a home. Or, perhaps small families looking to move up and expand or finally got that promotion. On the other end, some homeowners nearing retirement … Read more