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Here are some examples of these types of programs
A conventional mortgage loan is a type of home loan that is not insured or guaranteed by a government agency, such as the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). Instead, conventional mortgages are originated and serviced by private lenders, such as banks, credit unions, and mortgage companies.
Conventional mortgages typically require a down payment of at least 5% of the home’s purchase price, although some lenders may require a larger down payment. Borrowers with higher credit scores may be able to qualify for lower interest rates and more favorable loan terms.