Conforming Loans


Conforming loans affordable optionsConforming loans can be thought of as the traditional loan, which conforms to the standard Fannie Mae and Freddie Mac guidelines. In most cases, this is the least expensive loan and it’s the long-term loan that most homeowners will keep for the life of the mortgage.

Conforming loans comply with uniform documents, and terms and conditions that meet guidelines developed by Fannie Mae and Freddie mac. One of the most basic requirements that a loan must meet to become a conforming loan is that it must fall under a certain loan amount. In California, higher home prices demanded by many communities are accommodated by higher-than-usual conforming loan amounts. In addition, conforming loans must be issued by lenders specifically approved by Fannie Mae and Freddie Mac.


Our Premier Funding Network loan specialists have the experience and the local and statewide knowledge to pursue the best approved lenders to get our clients the most advantageous conforming loan terms and rates. Often, our objective as independent brokers is to help get FHA borrowers and borrowers of other higher interest loans into a more affordable low-interest conforming loan once they strengthen their credit.

There are other qualification guidelines such as the size of a borrower’s down payment, credit score and history, debt-to-income ratio, documentation, and other requirements.

Give Premier Funding Network a call at 714 283-9900, and let’s talk about how we can make your home purchase dream become a reality with a smart, low interest conforming home loan.