Conventional Loans

MORTGAGE LOANS OFFERED BY NON-GOVERNMENT SPONSORED LENDERS

Conventional loans are mortgage loans offered by non-government sponsored lenders. A conventional, or conforming, mortgage adheres to the guidelines set by Fannie Mae and Freddie Mac. It may have either a fixed or adjustable rate.

While many think that a 20% down payment is required for all conventional loans, many lenders now offer low down payment options.

These loan types include:

  • Fixed Rate Loans
  • Adjustable Rate Loans (ARMs)
  • Combination (Hybrid) Loans
  • Balloon Mortgages and Pledge Asset Loans
  • Jumbo / Construction Loans

For more information, contact us at 406-294-7207 or info@divisionmortgagegroup.com
or visit us at our downtown Billings location at 1320 Division Street, Billings, MT 59101.

APPLY NOW

Need assistance or would you like to know what information you will need before applying? Click here to contact us.

These materials are not from HUD or FHA and were not approved by HUD or a government agency.

About Us

Thanks for visiting Division Mortgage Group. Local expertise and broad real estate experience will benefit you whether you are serious about buying or selling a home at this time, or are a returning client checking out the many homeowner resources offered here.

Please consider this website as your online source for mortgage, real estate, and local community information. Be sure to return often for the latest property listing updates. READ MORE

Division Mortgage Group

(406) 294-7207
1320 Division Street
Billings, MT 59101

NMLS #140614: Montana, Wyoming, North Dakota