Conventional Loans

Finance your home with one of the most popular mortgage options in the country. Conventional loans are not insured or guaranteed by the federal government, which means they often offer competitive rates and flexible terms for borrowers with strong credit and stable income.

A conventional loan can be used to purchase a primary residence, second home, or investment property — making it a versatile choice for a wide range of buyers.

Why Choose a Conventional Loan

• Down payments as low as 3% for qualified first-time buyers.
• Private mortgage insurance (PMI) can be removed once you reach 20% equity.
• Available for primary, secondary, and investment properties.
• Higher loan limits than government-backed programs in many areas.
• Flexible loan terms, including 15-, 20-, and 30-year options.

How Conventional Loans Work

• Conforming loans follow Fannie Mae and Freddie Mac guidelines.
• Borrowers qualify based on credit score, income, assets, and debt-to-income ratio.
• PMI is typically required when the down payment is less than 20%.
• Fixed-rate and adjustable-rate options are available.