Conventional LOans

For people who meet the credit score requirements and want a down payment of as low as 3%, a conventional mortgage might be the best solution for you.

Key features of CONVEnTIONAL LOANS

Low down payments

First-time home buyers can get a conventional mortgage with a down payment as low as 3%.

Credit score flexibility

Conventional loans may be more forgiving of credit issues compared to other loan types. A credit score of 620 to qualify.

Property types versatility

Can be used on all property types including investment properties, vacation homes or primary and secondary homes.


Flexibile loan terms

There’s a wide variety of down-payment and term options, and you can choose a fixed-rate mortgage or an adjustable-rate mortgage (ARM) to match your needs.

Mortgage insurance options

If you put 20% down, there’s no Private Mortgage Insurance (PMI). There’s also no up-front mortgage insurance premium like there is on FHA loans.

Higher loan limits

Conventional loans typically have higher loan limits compared to government-backed loans like FHA or VA loans.

more is possible

.5% lower rates1 = more buying power