Loan Program
Conventional Loans
Conventional financing with flexible terms for buyers with solid credit, ideal when you want a clear, predictable path to homeownership.
What It Is
Conventional loans are the most common mortgage type, not government-backed, and often the best fit for buyers with strong financials. They work for primary residences, second homes, and investment properties, and are available for single-family homes, condos, and PUDs.
Program Details
Conventional Loans
- Minimum 620 credit score typical
- From 3% down on eligible programs
- Fixed and adjustable rate options
- PMI applies with less than 20% down, removable once you build enough equity
Down payment requirements vary by occupancy and property type, and gift funds or seller concessions may help cover upfront costs on eligible programs. Your loan officer will compare conventional pricing against FHA, VA, and other options so you see the full monthly cost, not just the rate, and will keep your file on track from pre-approval through closing.
Situation outside standard guidelines - renovation, manufactured housing, alternative documentation, home equity, or investor financing? Explore Specialty & Niche Programs.
Common Questions
About Conventional Loans
Educational only, not a loan offer or commitment to lend. Program terms, rates, and eligibility vary; talk with a loan officer for your file. NMLS #3446.