Conventional Loans
Conventional loans are loans that are underwritten to meet the guidelines issued by Fannie Mae and Freddie Mac. Conventional loan programs are the most traditional and common loans used in the marketplace today. Conventional loan programs include fixed rate loans and adjustable rate mortgage (ARM) loan products.
MCCORMICK MORTGAGE SERVICES OFFERS THE FOLLOWING PRODUCTS:
- Fixed Rate Mortgages (available in terms ranging from 10 years to 30 years)
- Adjustable Rate Mortgages
- Rate & Term Refinances
- Cash-out Refinances
- Fannie Mae DU Refi Plus®
- Freddie Mac Refinance Relief Open Access®
- Conventional Renovation Loan products