Conventional Loan Series: How Does It Work?
Channel: Iron Point Mortgage
Date: 2016-12-21

So how does a conventional loan work? Well, lenders make conventional loans directly to consumers. As long as the loans meet Fannie Mae or Freddie Mac’s guidelines, the GSE’s purchase the loan. Loans are packaged into securities, and then sold to investors for their portfolios. As a result, the lender is freed up to make more loans.

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Iron Point Mortgage is a home loan lender in Folsom, CA offering FHA, VA, USDA, Conventional and Jumbo loans servicing the El Dorado County, Sacramento County and Placer County.

Kevin Fritz
MLO #220254
Iron Point Mortgage
916-985-3200
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