Conventional Program
Conventional Loan
Flexible terms. Competitive rates. The standard in home financing.
Conventional loans are not backed by a government agency. They offer flexible terms and are ideal for borrowers with good credit and stable income who want more options.
3%
Min Down Payment
620
Min Credit Score
50%
Max DTI
Key Features
- Down payment as low as 3%
- PMI removable at 80% LTV
- Available for primary, second homes, and investment properties
- Fixed and adjustable rate options
- Higher loan limits than government programs
Ideal For
- Borrowers with good to excellent credit
- Those buying second homes or investment properties
- Buyers wanting PMI removal flexibility
- Higher-income borrowers
Weighing Your Options
Advantages
- PMI can be removed
- Flexible property types
- Multiple term options
- No upfront funding fees
Considerations
- Higher credit requirements
- PMI if less than 20% down
- Stricter DTI requirements
What You'll Need
- Minimum 620 credit score
- Stable income and employment
- Down payment of 3-20%+
- PMI required if less than 20% down
- Debt-to-income ratio within guidelines
Apply for Conventional
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Explore Other Programs
FHA
Low down payment. Flexible credit. Government-backed confidence.
3.5% down
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VA
Zero down. No PMI. Built for those who served.
0% down
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Non-QM
Outside the box. Custom solutions for unique financial profiles.
10% down
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DSCR
Income from the property. Qualify on cash flow, not W-2s.
15% down
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Questions about Conventional loans?