Conventional Mortgages - My CCNB
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Conventional Mortgages

Conforming Fixed-Rate Mortgage Loans

Fixed-rate mortgages (i.e., conforming fixed) are conventional mortgage loans that meet GSE (Fannie Mae and Freddie Mac) underwriting guidelines. The most well-known guideline is the home loan size, which in this lending area is limited to $766,500 (or less) for a single-family home. Typically, these programs offer the best rates and terms as they are funded through a government-sponsored enterprise. Most single-family residences, townhomes, and some condos might also qualify. Loan loans with less than 20% down require private mortgage insurance (PMI). Fixed-rate mortgages are typically available in 30-year fixed, 15-year, or 10-year fixed options.

Conforming Adjustable Rate Loans

Adjustable Rate Mortgages (ARM) are conventional mortgage loans that meet GSE (Fannie Mae and Freddie Mac) underwriting guidelines. The most well-known guideline is the loan size, which in this lending area is limited to $766,500 for a single-family home. Typically, these programs offer the best rates and terms as they are funded through a government-sponsored enterprise. Most single-family residences, townhomes, and some condos might also qualify. Loan loans with less than 20% down require private mortgage insurance (PMI).

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You’ll first establish a username and password to use our secure online portal. After completing this, you can begin a new application or resume an existing application, upload documents, accept electronic disclosures, and more when it’s convenient for you.

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Not sure where to start?
CCNB’s mortgage specialists will use our ‘We Can Do That!’ spirit to help you get moving!

Here are some additional resources, especially for first-time homebuyers:
• The Mortgage Process
• Tips for first-time home buyers
• Tips Every Home Buyer Should Know

Have more questions? No worries, we have answers!
Click below to contact a CCNB mortgage representative to schedule a complimentary, no-obligation consultation with one of our mortgage specialists.

  1. All loans subject to credit approval.
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