Are you going to put down greater than 10% on your purchase or do you have greater than 10% equity in your homeon a refinance? If so, a Lincoln Conventional Home Loan may be the the solution for you.
If you have greater than 20% equity in your home, a Lincoln Conventional Home Loan may be a great option for you. There is no mortgage insurance or up front funding fee with 80% loan to value or less. This means a lower monthly payment for you every month.
The most common terms for Conventional Mortgages range from 10 years up to 40 years with some of the most competitive interest rates of all mortgage programs.