Conventional loan · Wilmington, NC
Conventional Mortgages in Wilmington, NC
Fannie Mae and Freddie Mac conforming loans for Wilmington-area buyers. 30-year fixed, 15-year fixed, and ARM options.
Conventional loans are the workhorse of the Wilmington market. Most resale homes in New Hanover, Brunswick, and Pender counties end up financed conventionally. Tom shops your conventional loan across multiple investors for the best price.
Key features of Conventional loans
- 3% down for first-time buyers (HomeReady / Home Possible)
- 5% down standard, 20% down to skip PMI
- 30-year fixed, 15-year fixed, and ARMs
- Conforming loan limits — higher for high-cost areas
- Best pricing typically goes to FICO 740+ borrowers
- Primary, second home, and investment property
Who this is ideal for
Wilmington-area first-time buyers, move-up buyers, and second-home buyers with strong credit.
Ready to explore a Conventional loan in Wilmington?
Or email Tom directly at thomas28403@gmail.com