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Convetional Loans

“I want to use my great credit history to get a better interest rate and smaller monthly payments.”

If you’ve worked hard to obtain a good credit score, you deserve better rates. A MegaStar conventional home loan can give you great benefits for proving you’re a reliable borrower, including lower interest rates and monthly payments.

Conventional loans rewards those with better credit histories by offering lower interest rates, mortgage insurance, and customizable options such as a fixed or adjustable-rate tailored to your individual financing needs. With this loan option, you don’t need to put 10 or 20% down on a home, and the private mortgage insurance (PMI) available also rewards those who have great credit with a lower monthly payment.

Another perk? You’ll be able to cancel the mortgage insurance once your home loan balance hits 80% of your home’s worth. Talk to our team at MegaStar Financial about possible benefits of a conventional loan and see if this is the right loan option for you!