Conventional mortgages are similar to those offered by commercial banks with the most favorable rates and terms. Typically, borrowers must have excellent credit and meet other lending guidelines such as net worth and liquidity requirements.

Fully amortized conventional mortgages typically carry fixed rates for terms of 5 to 10 years and are amortized over 20, 25 or 30 years.

Many banks that turn down commercial loan requests refer those borrowers to Wincreek to take advantage of Wincreek's more flexible lending guidelines and to obtain the commercial financing needed. All conventional loans are structured as first trust liens on the subject properties.

Most conventional mortgages have pre-payment penalty requirements during the first 3 to 5 years of the loan. In some cases, the conventional loan is assumable by an equally qualified borrower.