If you are looking at homes in the capital district or have already found the right home, First Rate Funding can help you put the pieces together and help you achieve your dream of home ownership in the Capital District. We can find the perfect conventional mortgage for you, and will shop for the best mortgage interest rate possible. If at any time you have any questions about conventional mortgages or the mortgage process, please do not hesitate to contact one of our home mortgage specialist by phone at (518) 452-4700 or contact us by email.

Conventional Mortgages

A conventional mortgage is a loan that is not insured or guaranteed by any agency or the state or federal government. Conventional mortgages are usually insured by private mortgage insurance companies or PMI. This insurance amount is paid by the borrower per year and is usually about .6 percent of the total loan amount. Mortgages that are not considered to be conventional loans are called non conforming loans.

Due to the wide variety of mortgage programs available, not all products are listed here. Please call us at (518) 452-4700 or complete our contact form so that we may have the opportunity to serve you better.