Conventional Loans

Conventional loans are mortgage loans offered by non-government sponsored lenders. A conventional, or conforming, mortgage adheres to the guidelines set by Fannie Mae and Freddie Mac. It may have either a fixed or adjustable rate.

While many think that a 20% down payment is required for all conventional loans, many lenders now offer low down payment options.

Follow North Star Mortgage LLC

Licensing

North Star Mortgage LLC NMLS #379299
Erik Olson NMLS #379970

Equal Housing Lender

Contact Us

North Star Mortgage LLC
100 Warren Street #309
Mankato, MN 56001

Number:
(507) 387-6789

Hours:
MON-FRI 7AM - 4PM