Top Flite Financial, Inc.
1240 Boardman-Canfield Rd. Suite Suite 4C
Boardman, OH 44512
Branch NMLS # 1457122
PA Branch License#: 36205.004
FL Branch License#: MLDB5267
Mortgage Lender in Boardman, OH
See why a Conventional Loan is a great choice choice for those wanting wider options.
Find out more
- No Mortgage Insurance
Mortgage insurance is not required for loans when you are able to put 20% or more toward the down payment. Many other loan programs require mortgage insurance for the life of the loan; avoiding mortgage insurance can equate to substantial savings long-term.
- Buy out Mortgage Insurance
Even if you choose to put 15% or 10% down, you can choose to buy out your PMI
- Automatic Mortgage Insurance Cancellation
Even if you do not have 20% to put toward your initial down payment, with a conventional loan, once your loan-to-value reaches 78% of the purchase price, your servicer will automatically remove the mortgage insurance premium, saving you money over the life of the loan.
- Varying Property Types
Conventional loans may be used for primary residence, 2nd homes, and investment property whereas most other loan programs are only available on primary residences.
- No Funding Fee
Conventional loans do not require an upfront finance fee or guarantee fee.
See if you meet the requirements for a Conventional home loan.
Take a look
- Credit score ≥ 640
- 3% down, gift funds accepted
- Debt-to-income ratio less than 45%
- Documentation of income and funds to close
- Additional underwriting requirements will vary by borrower situation
Get Started Today for Savings Tomorrow!
Please fill out the form below or for an immediate response please contact us at: 330-758-7542.
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