Conventional Loan
with VRM Lending LLC
Conventional Loans offer both fixed and adjustable rates up to a $510,400 loan amount in most markets and can be even higher in higher cost areas. Conventional loans have very competitive rates and offer terms from five to thirty years.
Call us or complete our pre-approval application today to get started.
Our #1 focus is helping homebuyers with their mortgage needs.
WHAT YOU CAN EXPECT
Conventional Loan Features:
- Can be used for purchases, rate and term refinances and cash out refinances
- Cash out up to 80% of your home’s value
- Debt to income ratios up to 50%
- Can be used for primary, secondary or investment properties
- Can be used for condos, single family homes and up to 1-4 unit properties
- Conventional loans offer options with NO PMI even without a large down payment
- Credit score down to 620 can be approved
- Same day pre-approval
- A month without mortgage payments
- First time home buyer programs with as little as 3% down payments
- Options both with and without escrows or impounds
3 Quick & Easy Steps
VRM Lending has
a simple online process
for loan approvals
Calculate Your Payments
Use our Payment Calculator to estimate your monthly mortgage payment. You can input a different home price, down payment, loan term and interest rate to see how your monthly payment changes.
See If You Can Get Pre-Approved
Your pre-approval request is just the first step in the home loan process, so you need to keep all of your other paperwork together and available for when you’re ready to buy.
Buy a Home
If you get pre-approved, we will use your information to find the loan amount that works well for your situation. We work hard to make it easy on you.
