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1Rate - 12123 Heritage Park Circle, Silver Spring, Maryland 20906 1Rate - 12123 Heritage Park Circle, Silver Spring, Maryland 20906

faq

The most common home loan and mortgage questions

Here are some of the most frequently asked questions regarding mortgages. If none of your questions are here, please contact one of our mortgage advisors.

Frequently Asked Questions

  • What’s a conventional mortgage?
    Conventional loans are the most common in the mortgage industry. They’re funded by private financial investors and then sold to Government-Sponsored Enterprises (GSE) like Fannie Mae and Freddie Mac.