Conforming Loan

Learn more about the conforming loan guidelines and requirements, how to qualify, and how to begin your mortgage process.

What is a Conforming Loan?

Conforming loans adhere to the loan limits set by Fannie Mae and Freddie Mac. These types of loans also must meet specific guidelines related to your credit score and debt-to-income (DTI) ratios.


What are the Conforming Loan Limits ?

The Housing and Economic Recovery Act (HERA) requires that the baseline conforming loan limit be adjusted each year for Fannie Mae and Freddie Mac to reflect the change in the average U.S. home price. Contact us to learn more about the conforming loan limit in your area!



Difference Between Conforming and Nonconforming Loan

The main difference between these two types of loans is the requested loan amount – if the loan amount exceeds the conforming loan limit in your area, it is considered nonconforming.


What is the Benefit of Getting a Conforming Loan?

Conforming loans are the most common type of mortgage in the U.S. Some benefits include:


Why Choose GuardHill?

GuardHill has over 31 years of mortgage financing experience and specializes in providing standard and out-of-the-box financing solutions for our customers. GuardHill works with numerous investors and lenders and offers various loan programs to provide borrowers with the best financing solutions possible.


Contact us to learn more or get started today!