Conventional Loans

Red Oak Mortgage is proud to offer
Conventional Loans, the most popular in the industry, with features like:

• Fixed-rate terms between 8-30 years, with custom terms available

• Adjustable-rate loans with fixed periods of 10, 7, 5, and 3 years

• Purchase and refinance primary residences, second homes,
  and investment properties

• Broad underwriting criteria for credit, income, and assets

• Loan amounts up to $970,800 in qualifying areas

• Purchase downpayments as low as 3%

Red Oak Mortgage specializes in processing and underwriting Conventional loans to industry-standard criteria. Guidelines are constantly evolving and we stay up-to-date on the most current programs and rules available to benefit you!