Benefits and Considerations
A conforming loan can be one of the best options out there for a prospective borrower. A 15, 20 or 30 year fixed conforming mortgage is an excellent decision to lock in a non-changing rate for the life of your loan.
No interest rate surprises
Requirements and Qualifications
A mortgage that has higher than an 80% Loan To Value ratio will require mortgage insurance in the world of conforming loans.