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Conventional Mortgage

Yes, LoanVerify offers Conventional Mortgage programs (often called conventional loans.) The term Conventional is a term that encompasses two government agencies, Fannie Mae (FNMA) and Freddie Mac (FHLMC.) When a mortgage professional refers to Conventional they are referencing Fannie Mae and Freddie Mac. To be eligible for a conventional mortgage a borrower must meet the guidelines established by Fannie Mae and Freddie Mac. Determining eligibility is easy as the guidelines are available online. Therefore the approval for a conventional mortgage should not vary from one lender to another because all lenders follow the same guidelines.

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