Conventional Loans

Characteristics of Conventional Mortgage Loans

Most popular mortgage product.
Conforming loan limits apply but may be increase in high-cost counties
Minimum down payment is required
Private Mortgage Insurance required for loans with less than 20% down payment.
Can be used to purchase a secondary home, vacation home, or investment property.
Seller can pay a percentage of the closing costs depending upon down payment amount and occupancy
Reserves required

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CORPORATE CONTACT

Madison Headquarters Location

4750 S. Biltmore Lane, Madison, WI 53718

COMPLAINT AND LICENSING INFO

Corporate NMLS:2289 | NMLS Consumer Access | Security & Privacy | Legal Disclosures | Licensing | Texas Consumer Complaints | IL Community Reinvestment Notice

Complaints may be directed to Fairway Independent Mortgage Corporation NMLS #2289 at 877-699-0353 or a message may be sent using the contact form here