Conventional Loans
Reliable financing solutions with stable terms, tailored for your long-term homeownership goals.
Descriptions
Payments are generally applied to the interest portion of your loan first, followed by the principal balance, unless you arrange for a different allocation. This standard process helps ensure that interest is covered before reducing the amount you owe on the main loan. By understanding this structure, you can make informed decisions about extra payments, specifying whether they should directly reduce your principal for faster payoff and potential interest savings.
Managing your payments strategically can help you achieve your financial goals sooner. Whether you choose to follow the standard schedule or request a customized application, knowing how payments are processed allows for better control over your mortgage journey.
- Interest is prioritized before principal
- Option to specify payment allocation
- Helps maintain consistent loan repayment structure
- Extra payments can shorten loan term
- May reduce total interest paid over time
- Flexible arrangements available upon request
- Increases control over mortgage strategy
- Encourages better financial planning
- Ideal for borrowers aiming for early payoff
- Supports long-term equity building
We’re with you from application to closing, making the mortgage process simple, clear, and stress-free.
Enjoy one-on-one guidance with a personal loan expert who knows your needs and keeps you informed at every stage.
Get competitive rates and cost-effective solutions tailored to fit your budget and goals.
Talk with a Lending Specialist.
Get expert advice and personalized solutions for your mortgage needs.
How it Works
Let us help you get into your new home fast, simple, and stress-free.
Our step-by-step process is designed to take you from dream to keys in hand, without confusion or delays. We handle the hard work so you can focus on what matters most finding your perfect home.
We start with a friendly, no-pressure conversation to understand your goals, budget, and timeline. This is where we map out the best mortgage options for your needs.
We’ll guide you through gathering the necessary documents making it quick, easy, and hassle-free. Our secure systems keep everything safe and organized.
Our experts review your application and match you with the right loan program. Once approved, we lock in the best rate possible for you.
Funds are released, paperwork is finalized, and you get the keys to your new home. Congratulations you’re officially a homeowner!
Pay off early, no penalties just savings.
We believe in giving you financial freedom that’s why we never charge prepayment penalties, allowing you to pay off your mortgage early and save on interest without worrying about extra fees.