Conventional loans are loans dictated by government guidelines that make loans marketable on the secondary market as securities. Uniformity of these loan products and underwriting guidelines are key to making the loans salable to investors in the bond market. Therefore with these loans borrowers must meet strict lending criteria and lenders cannot make any exception.
Our job as your mortgage broker is to make you look good on paper by fitting your credit history and profile into their mold. If you are unable to fit the criteria, checkout our other individualized loan products. Beacon point is your broker for safe lending options with a sea of alternative financing solutions including responsible nonconforming, non-prime products.