Find the Right Home Loan for You

From start to finish, our team will go above and beyond to ensure all your questions are answered.

Loan Programs

Conventional Loan

A Conventional loan is a fixed mortgage loan which is not insured or guaranteed by any agency of the state or federal government.

These fixed rate mortgage programs are available in 10, 15, 20, 25 and 30 year terms. These loans often provide quicker loan approvals than the FHA or VA loan programs.

Best For:

  • No Interest Rate Increases
  • Faster Processing, Less Documentation

Borrower(s) Qualifications:

  • Loan Amount – The loan amount for a conforming mortgage is generally limited to $424,100 for a single-family home, though limits may be higher in regions where home prices are higher.
  • Down Payment – Most conventional loans will require at least 5 percent (and optimally 20 percent or more) as a down payment.
  • Credit History – Conventional loans are a good choice for borrowers with excellent credit, which generally means a FICO score of 740 or higher. There are also established guidelines for income and other personal financial information.

Similar Program(s):

Genisys Mortgage Professionals

Since 1999, Genisys Mortgage has provided a wide variety of mortgage loan options, offering personalized & knowledgeable service with a strong attention to detail to borrowers and Realtors all across Northern and Central Michigan.

Cadillac
116 E. Nelson St.
Cadillac, MI 49601
(231) 779-9817

Traverse City
1603 Barlow Street Ste 2
Traverse City, MI 49686
(231) 779-9817

Petoskey
116 E. Nelson St.
Cadillac, MI 49601
(800) 382-0035

Genisys Mortgage is a registered trademark of Mortgage300 Corporation.  2000 PGA Blvd Suite 3220A Palm Beach Gardens, FL 33408