Conventional Loans

Whether you're purchasing or refinancing, My Mortgage Lawyer utilizes its 90-lender network and Tier 1, WHOLESALE pricing to find you the very rates and fees in the country. Moreover, as an attorney, My Mortgage Lawyer's founder, Cameron Oxberry, forms a fiduciary relationship with each client so you know you're receiving the very best advice and service in the industry.

Conventional loans cater to individuals with credit scores exceeding 620 and necessitate only a 3% down payment. These loans lack backing or insurance from government entities such as the Federal Housing Administration (FHA), the Farmers Home Administration (USDA), or the Department of Veterans Affairs (VA).

Typically spanning 8 to 30 years, conventional loan terms often feature a fixed interest rate. This means that the loan carries a consistent interest rate throughout its entire duration. While fixed rates are common, it's worth noting the existence of adjustable-rate (ARM) conventional mortgages, which vary in tandem with the prime lending rate.

Ready to take the next step? Initiate the process by completing a straightforward mortgage application. Secure your pre-approval today!