If you or your property don’t qualify for a government-insured loan, like an FHA or VA loan, Patty Newby will work with you to find the conventional loan that will help you finance your home. Conventional loans can offer several financing benefits that government-insured loans can’t provide. With Thrive Mortgage, LLC, you will have an experienced professional by your side to determine which financing option will be best suited for your unique situation.
The interest that you pay on a conventional loan depends on the type. There are two ways that interest is managed for conventional loans, with a fixed rate or an adjustable rate.