Primary lenders make conventional loans which means that they do not have any government guaranties or insurance, nor do they carry private mortgage insurance. These loans usually require a higher down payment but do not carry the restrictions of insured or guaranteed loans.

Topic: Conventional Loans

There are many options for buyers regarding loan types. Knowing which loan is optimum for a client is important to know.

Discuss why a conventional type of loan would be preferred by buyers, over government insured or guaranteed loans, and in what situations.

What is different about the conventional loans appraisal process and government insured or guaranteed appraisals?