Conventional Loans

Straightforward Home Loans, No Hassle

What is a Conventional Loan?

Conventional loans are mortgage options not backed by any government agencies. They are the most popular choice for many buyers. With a plethora of different options, conventional loans are a strong choice for first-time and repeat buyers alike. 


Autumn alleyway in a traditional neighborhood in Philadelphia, Pennsylvania, USA.
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Conventional mortgage services

At Federal Hill Mortgage, we are driven by a singular goal: to get you into the home of your dreams at the right rate and term that works for your wallet and needs. Conventional loans are straightforward offers that many qualified buyers seek. They come in different shapes and sizes, with different terms (the span of time) and rates (the annual interest you pay over time). Through our brokerage and lending services, we’ve helped thousands of prospective buyers become homeowners. 

30-Year fixed-rate loan

Explore the most popular loan option among buyers.
30-year fixed-rate mortgages offer stablity and predictability for qualified buyers. For 30-year fixed-rate mortgages, your monthly payments are consistent over the loan term and the interest rate is stabilized.
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15-Year fixed-rate loan

Explore a shorter mortgage term that helps you quickly build equity.
15-year fixed-rate mortgages are for buyers who are able to take on larger monthly payements to help them pay off their mortgage in a shorter time. This helps you build equity even quicker.
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Adjustable-rate mortgage

Gain the flexibility you desire with an ARM loan.
An adjustble-rate mortgage is a mortgage where the interest rate is flexible over the life of the loan. This allows you more freedom if you plan to for upcoming life changes in addition to other benefits.
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Conventional mortgages

What is a Conventional Mortgage Loan?

Put simply, a conventional mortgage loan is one not backed by the government. Options such as FHA, VA, and USDA loans are considered non-conventional because they are government-insured. There’s not a right or wrong answer between which type you choose. Rather, there are specific scenarios that may make one option more appealing to your specific situation over the other. The expert team at Federal Hill Mortgage is here to help you determine which is best for you. 

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Get started on your mortgage journey now

At Federal Hill Mortgage, our success story is the memories you get to create in your new home. We believe that you should have attentive, professional, and effective mortgage brokers and lenders ready to help you find the right conventional loan. 

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