Colorado Springs mortgage conventional loans are mortgage loans offered by lenders that are non-government sponsored. A conforming, or conventional, mortgage adheres to the guidelines set by Freddie Mac & Fannie Mae. It also may have either a fixed or adjustable rate.
While many people think that a 20% down payment is required for all conventional loans, the truth is that many lenders now offer low down payment options! Have any questions? Give us a call today at 877-266-4138. We are your source for every Colorado Springs mortgage you need. Total Lending Concepts is a Colorado Springs mortgage lender you can trust.