Conventional Residential Mortgages

Conventional Home Loans

Convention Mortgage programs from custom mortgage are some of the best in the industry.  Contact us today to find out more.

Available for Purchases, Cash-Out Refinance, Rate and term refinances

Terms available: 10, 15, 20, 25, 30 yr fixed and 15, 30 yr fixed for High Balance

Eligible Borrowers: U.S. Citizens, Permanent Resident Alien, Non-Permanent Resident Alien

Residence Types:

OO Primary residence
2nd  homes
1-2 unit properties
FNMA approved condos and PUDs
Manufactured housing
Non-Owner occupied - Investment properties
Ineligible Property:

3 - 4 unit properties
Non-Approved and non-warranty condos
Co-ops, Condotel and lodging units
Single-wide manufactured home
Loan Amount: Conforming and High Balance loan limits (click here)
Max LTV:

Primary Residence = 97% for Purchase and rate & term refinance *** 85% for cash out refinances
Non-owner = 85% for purchase & rate & term refinance *** 85% for cash out refinances
Minimum FICO: 620

Mortgage Insurance: Follow DU findings. Standard MI coverage required.