Glossary » Conventional Mortgage

Conventional Mortgage - A mortgage loan which does not exceed 75% of the appraised value or purchase price of the property, whichever is the lesser of the two.



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Mortgage Term Rate
INTRO VARIABLE 2.24%
6 MONTH CLOSED 4.75%
1 YEAR CLOSED 5.00%
2 YEAR CLOSED 5.49%
3 YEAR CLOSED 5.19%
4 YEAR CLOSED 5.29%
5 YEAR CLOSED 5.25%
7 YEAR CLOSED 5.90%
10 YEAR CLOSED 6.05%
Updated 01/06/2009

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