A Conventional loan from Fairway Independent Mortgage Corp. offers a non-government-insured mortgage solution with a variety of benefits for borrowers with good credit and stable income. These loans typically require a higher down payment than government-backed loans but provide greater flexibility and fewer restrictions. Benefits include lower interest rates for those with strong credit, flexible mortgage insurance options, minimal penalties and fees, and a range of loan terms with down payments as low as 3%. Conventional loans are ideal for borrowers seeking more control over their mortgage conditions.
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