CONVENTIONAL LOANS

Conventional Loans, also referred to as Conforming Loans, is a type of mortgage that is not insured or guaranteed by the federal government. These loans conform to Fannie Mae and Freddie Mac’s underwriting requirements and loan limits.

ALL CONVENTIONAL LOANS ARE AVAILABLE FOR REFINANCE & PURCHASE TRANSACTIONS.

HOME READY
3% DOWN

HomeReady is a Fannie Mae program which is a low down payment mortgage for creditworthy, low to moderate-income borrowers.

Learn More

HOME POSSIBLE
3% DOWN

HomeReady is a Freddie Mac program which is a low down payment mortgage for creditworthy, low to moderate-income borrowers.

Learn More

HOME ONE
3% DOWN

HomeOne is a Freddie Mac program which is a low down payment mortgage for creditworthy, borrowers with NO income limits.

Learn More

HOME-IN-ONE
0% DOWN

Home-In-One is a Norcom program for First Time Homebuyers in Connecticut Only. 100% financing with no mortgage insurance. Income limits apply.

Learn More

STANDARD
CONVENTIONAL

Standard Conventional loans are offered as low as 5% down and do not have income restrictions.

Learn More

“Audra has been such a great asset to our credit union. With her expertise and professionalism, she has shown she understands the industry and she provides her knowledge to give the best member experience one can ask for. She goes above and beyond, including, but not limited to hosting First-Time Homebuyers Seminars and attending Credit Seminars. Thank you Audra for all that you do!”

Margaret De Jesús, Manager, Loan Department