Conventional Loans

Conventional loans are the most common for home buyers and borrowers. There are a wide variety of options available including both Fixed rate and Adjustable (ARM’s) with down payments as low as 3%.

Fixed rate mortgages come with an interest rate that won’t change for the life of the loan and can be amortized over 30, 20, 15 and 10 year terms to suit your financial needs.
Adjustable rate mortgages feature lower rates and payments for the first few years so are ideal for someone looking to move within 3-5 years or so. Once the fixed term is over the payments can fluxuate up and/or down depending on the market.

The conforming/conventional mortgage is limited to $726,200 in the state of Nebraska for a single family home. If you need to borrow more, you can choose to go with a Jumbo Loan which allows you to exceed this limit and purchase a higher-priced home.