Fannie Mae (FNMA) and Freddie Mac (FHLMC) buy about half of all the mortgage loans made by lenders. This provides lenders with the capital to make more loans.
These loans are great for anyone with solid credit that can meet Fannie and Freddie loan standards.
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DIVERSITY JOBS
MORTGAGE EXECUTIVE
Mortgage Professional America
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SCOTSMAN GUIDE
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SCOTSMAN GUIDE
A conventional loan is a mortgage not backed by the government. It’s one of the most popular options for buyers with solid credit and stable income.
You can put down as little as 3% in many cases. More down can mean lower monthly payments, but it’s not required.
Only if you put less than 20% down — and the good news is PMI can be removed once you build enough equity.
Yes. Many first-time buyers qualify for conventional loans with competitive rates and flexible options.
“Daniel was great! Very efficient and very friendly. He always got back to us in a timely manner and always called us to explain things rather than just texting. Very personable guy! Very quick as well! We closed 2 weeks sooner than expected. I cannot say enough nice things about preferred rate, I definitely recommend them to everyone!”
“I cannot put into words how amazing Dan and his team were during this whole process. They consistently went above and beyond to ensure I was fully taken care of. Not working with a realtor was a bad call on my part, but Dan was there every step; and a few bumps, offering unbiased advice and making sure I was taken care of. This momma and her girl tribe finally have a place of their own to call home; I am so thankful for Dan and his team!”
“This is my second home purchase using Dan. He is great to work with, he explains everything and is always there to answer any questions.
Update: When rates dropped early October 2025, Dan reached out to let me know and we knocked the refinance quickly. Dan is also always quick to answer questions no matter time or day of the week. No one else I’d rather do business with.”
“We don’t have enough good things to say about Bihn Group! We tried to buy a house years ago and were consistently disappointed, houses sold out from under us, etc. so we gave up! We reached out to Dan this time around and he was so efficient and kind about everything! He answered all of our questions with honesty and we were so lucky to find our dream house as quickly as we did. Our son hasn’t stopped running around in our yard since we moved in! Thank you, Dan and Bihn Group for helping us achieve this goal in life!”
“Thank you for making a dream a reality. For years my husband, kids and I would talk about the perfect house we would have one day. It’s easy to find a house but difficult to get the keys and even more difficult to tell your kids this one didn’t work out. Dan, thank you for directing and clearing the path to our new home. We are extremely grateful!”
