In 2024, the maximum loan limit for conventional mortgages in non-high-cost areas is set at $750,000. This means that you can secure financing up to this amount to help you purchase your dream home.

At Bay to Bay Lending LLC , we’re committed to offering the best mortgage options available. We proudly provide both Fannie Mae and Freddie Mac backed conventional financing. You can trust in the stability and reliability of these government-sponsored entities to secure your mortgage.

Your financial situation is unique, and we understand that. That’s why we offer varying LTV ratios to accommodate different scenarios:

95% LTV: For standard conventional mortgages, you can secure financing with as little as 5% down payment.

97% LTV: If you’re looking for affordable housing options, you can take advantage of our Fannie Mae HomeReady and Freddie Mac Home Possible products. These programs allow for a maximum LTV of 97%, making homeownership more attainable. These programs are also income restricted to be sure to speak to your mortgage loan officer to see if you qualify for the 3% down conventional options.

90% LTV for Second Homes/Vacation Homes: Planning to invest in a second home or a vacation property? You can secure financing with a 10% down payment, offering you a pathway to your personal oasis.

85% LTV for Investment Properties: Interested in building wealth through real estate investment? Our investment property financing option provides a maximum LTV of 85%, so you can start or expand your investment portfolio.

Expert Guidance: Our team of mortgage experts is here to guide you through the entire process, ensuring you make informed decisions every step of the way.

Local Support: As your local partner, we’re dedicated to providing personalized service, tailored to your specific needs and the unique real estate landscape in your area.

Competitive Rates: Our conventional mortgages come with competitive interest rates, helping you save money over the life of your loan.

With our wide range of conventional mortgage options, you’re one step closer to achieving your homeownership goals. Whether it’s your first home, a vacation property, or an investment, we have the solution for you.

Ready to embark on your homeownership journey or expand your real estate portfolio? Contact us today to learn more about our conventional mortgage options and start your path to financial security.

Reach out today for more information on what loan program works best for your specific circumstances. Each client gets a custom tailored mortgage loan experience.

Remember to keep this content up to date with the latest loan limits and any other relevant changes in the mortgage industry. Also, ensure that you comply with all applicable financial regulations when offering conventional mortgages.