Alabama Home Loans - Conventional Loan Programs

Conventional Loan Programs are designed for those customers with good, established credit histories.
Conventional loan programs are those without insurance or guarantee by a federal agency. If a borrower is putting less than 20% down, private mortgage insurance (PMI) is required. The rate for PMI will vary depending upon the Loan-to-Value (LTV), Loan Type, and the Term of the Loan. Conventional loan programs have credit guidelines and qualifying ratios that are not as flexible as FHA or VA loans.

• Alabama Fixed Rate Mortgages
• Alabama Adjusted Rate Mortgages (ARM)
• Standard ARMS and the Differences in Alabama
• Graduated Payment Method (GPM)
• Alabama Reverse Mortgages
• London Inter Bank Offered Rate (LIBOR)
• Alabama Balloon Mortgages
• Cost of Funds Index (COFI)
• Interest Rate Buydowns in Alabama
• Introductory Rate ARM's in Alabama
• Choosing The Best Program in Alabama

Please fee free to contact us for any information on our Alabama Home Loans. I hope you find information on this site useful for your new Alabama home purchase or refinance.

Thank You,
The Alabama Home and Loan.com team