A conventional loan, or "traditional" loan, is a conforming mortgage that follows the guidelines put in place by Freddie Mac and Fannie Mae.
620 min FICO
Down Payment Options:
- 3% First Time Home Buyer
- 5% Primary Residence
- 20% Investment Property
- 10% 2nd Home
Max Loan Amount $806,500
A conventional 97% LTV (loan-to-value) loan is similar to the traditional conventional loan; however, this specific program allows prospective home buyers to purchase a home with only a 3% down payment. To qualify, the following guidelines must be met:
*Other restrictions may apply.
A conventional 97% LTV (Loan-to-Value) loan is an attractive option to first-time home buyers as the qualifying guidelines typically meet their home buying profile. Another benefit of this loan program is that it allows for its entire 3% down payment to come from gifted funds; however, the gift must come from a person related to the borrower by blood or marriage, or the borrower's legal guardian, domestic partner or fiance/ fiancee.
Paul and team always go leaps and bounds above expectations to get my clients to the closing table as quickly and seamlessly as possible! Thank you!
MaryGen B.
They were great to work with. They made everything run smooth and they were always there to answer questions anytime of the day.
Kimberly A.
Great communication
Samuel M.
Paul and his team are fantastic. They communicate effectively and provide excellent care for my clients. I highly recommend them and consider them my preferred lender.
Kristy B.
Always a great experience with Paul and his team. Makes every step easy.
Tiffany S.
Paul is amazing to work with, his communication is excellent!
Amy O.
Always a smooth process with Paul and Interlinc
Victor C.
Always look forward to working with Paul and Bob at Interlinc. Their service is second to none.
Victor W.
Paul was awesome to work with! He kept all of us involved in the transaction up to date at all times. The transaction could not have went any smoother! And we closed right on time.
Jessica S.
I can’t say enough great things about my experience with InterLinc Mortgage! From start to finish, the process was seamless, professional, and personalized. The entire process was handled with care and attention to detail, making what could have been a stressful experience incredibly smooth. InterLinc Mortgage is highly knowledgeable, responsive, and genuinely focused on their clients. They were always available to answer my questions, provide updates, and guide me through all the options available. Their dedication to customer service is unmatched, and their expertise ensured I got the best possible mortgage terms. If you’re looking for a company that combines professionalism, transparency, and exceptional customer service, I highly recommend InterLinc Mortgage. Thank you for helping me achieve my homeownership dreams!
Joshua D.
