We had the best experience with Traditional Mortgage, LLC! The process was amazingly easy and Jamie was instrumental on assisting us with assembling all that we needed to make this a very smooth process. The service was excellent and Jamie's knowledge and professionalism was outstanding. Very happy customers!
We would like to thank you so much for your excellent customer service throughout the mortgage process with Traditional Mortgage, LLC. You always made yourself available to answer any questions or concerns we had and you were there to walk us through the entire process. Just knowing you were only a telephone call away, made us feel much more at ease using Traditional Mortgage for our loan.
We would like to thank you so much for your excellent customer service throughout the mortgage process with Traditional Mortgage, LLC. You always made yourself available to answer any questions or concerns we had and you were there to walk us through the entire process. Just knowing you were only a telephone call away, made us feel much more at ease using Traditional Mortgage for our loan.
Services
Traditional Mortgage, LLC is a state licensed mortgage lending entity that originates mortgage loans directly to the consumer. Our mortgage professionals will work with you one on one to ensure that you get a financial solution that is tailored specifically to meet your financing needs. Whether you are a first-time homebuyer, refinancing an existing home, or consolidating high interest debt, we can help you find the right loan program.
A conventional mortgage is a home loan that isn't guaranteed or insured by the federal government and conforms to the loan limits set forth by Freddie Mac and Fannie Mae. Conventional loans may be "conforming" and "non-conforming". Conforming loans follow the guidelines set by Fannie Mae and Freddie Mac.
A jumbo loan is any home loan that exceeds a specific threshold called the conforming loan limit. Currently, the conforming loan limit for a single-family home is $424,100. Qualifying for a jumbo loan typically requires higher credit scores, lower debt-to- income ratios, higher reserves and larger down payments than qualifying for a standard conforming home loan.
Federal Housing Administration (FHA) loans are mortgage plans that provide an alternative to conventional banking finance. FHA loans can be especially attractive to first-time homebuyers because of their lower down payment requirements and more lenient qualifying guidelines compared to other loan options.
If you have answered "yes" to any of the above questions, then a Veterans Affairs (VA) loan is the best option for you. Such loans can be secured, even with an unimpressive credit score and rating. Unlike other market loans, a VA loan is available as both a fixed rate and ARM mortgage and does not include any monthly insurance (PMI).
Reviews (3)
Samia Hawkins
Mar 21, 2021
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Osiris Tejeda
Oct 22, 2020
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I had the pleasure of working with Ms. Shana Kay during my initial home purchase. From the moment I started the process with Ms.Kay while I was deployed overseas, I knew she was the right one. Not only did she respect the time zone difference, but her turn around time with any mortgage question and multiple offers are spectacular. I love the fact that she provided the information I requested swiftly and efficiently.
During the final phases of going through the underwriting process, some hiccups tempted me to pull out of my contract, and Ms. Shana Kay gave me a pep talk I will never forget. She
During the final phases of going through the underwriting process, some hiccups tempted me to pull out of my contract, and Ms. Shana Kay gave me a pep talk I will never forget. She
Neil Wimmer
Aug 08, 2020
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