Conventional Home Loans

RALEIGH APEX CONVENTIONAL HOME LOAN PROGRAM

Hello and Thank You for allowing me the time to talk with you briefly about the Conventional Home Loan for those of you in Apex, Raleigh, or the greater triangle. For those who have at least 10% to put down on your home purchase and who have reasonably good credit, I recommend the Apex Conventional Home Loan. Although you will have a monthly Private Mortgage Insurance (PMI) there is no up-front Funding Fee or Guarantee Fee as with some other high Loan To Value (LTV) loans.  In the future, at the point that your loan balance is scheduled to fall below 78% LTV based on the original home value the monthly PMI will just go away, saving you that amount for the remainder of the loan.  For those who have at least 20% to put down on a home, there is no PMI.