RYAN M. NASH HOME LOANS
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    • About | Ryan M Nash Home Loans
  • Mortgage Information
    • Home Loan Do's and Dont's >
      • First Time Home Buyers
      • Buying A Vacation Home
    • Credit >
      • How To Increase Your Score
    • Getting Pre-Qualified
  • Loan Options
    • Conventional Loans
    • FHA Loans
    • Jumbo Loans
    • VA Loans
    • Refinance Options >
      • Lower Your Payment
      • Pay Off Your Mortgage Faster
      • Debt Consolidation
      • VA Refinance
    • Rehabilitation Loans
    • Reverse Mortgage
    • Fixed vs Adjustable
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Colorado Springs Homes for Sale 3

Conventional Loans

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, as little as 1-3%. Some programs even include up to $525 credit on appraisal fees. 

1% Down with Equity Boost

​Here’s how it works: Your borrower puts down 1%, the lender contributes 2% toward the down payment, up to $5,000, giving you 3% equity at closing. It’s a great way to keep your down payment low at a competitive rate and a good head start.

KEY FEATURES
  • Minimum 720 FICO
  • Available with no monthly Mortgage Insurance
  • Close in 30 days or less
Colorado Springs homes for Sale 2
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Licensing:

​Loan Officer NMLS #1493480
Company NMLS #1062246
​​Ryan M. Nash Home Loans
Address: 2153 Chuckwagon Rd, Colorado Springs, CO 80919
Phone: 
​(719) 629-7401
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​Website by Mr. & Mrs. Leads ​
  • Home
    • About | Ryan M Nash Home Loans
  • Mortgage Information
    • Home Loan Do's and Dont's >
      • First Time Home Buyers
      • Buying A Vacation Home
    • Credit >
      • How To Increase Your Score
    • Getting Pre-Qualified
  • Loan Options
    • Conventional Loans
    • FHA Loans
    • Jumbo Loans
    • VA Loans
    • Refinance Options >
      • Lower Your Payment
      • Pay Off Your Mortgage Faster
      • Debt Consolidation
      • VA Refinance
    • Rehabilitation Loans
    • Reverse Mortgage
    • Fixed vs Adjustable
  • Apply Now
  • Contact Us
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