Conventional Loans

Enjoy traditional home financing with competitive rates, flexible term lengths, and down payment options.
Get a quote


  • Conventional loans offer various term lengths and down payment options.
  • Avoid mortgage insurance with a down payment of 20% or more.
  • Depending on creditworthiness, conventional loans may offer lower interest rates.
  • Higher loan limits than government-backed loans, ideal for expensive properties.
  • Conventional loans provide opportunities for rate and term refinancing.

Eligibility requirements

  • Minimum Credit Score: Typically, lenders require a credit score of 620 or higher.
  • Debt-to-Income Ratio: Generally, a maximum DTI of 43%, though some lenders may accept higher ratios.
  • Down Payment: While 20% is ideal to avoid PMI, conventional loans offer down payment options as low as 3%.
  • Private Mortgage Insurance: Required for down payments of less than 20%.
  • Employment and Income Verification: Lenders assess stability and ability to repay the loan.


Meet Michael

Michael, a financially stable individual with a strong credit history, opts for a conventional loan. With a 20% down payment, he avoids mortgage insurance and benefits from competitive interest rates.

How can we help you today?

Get pre-approved

See how much you can afford and shop for homes with confidence.

Apply for pre-approval
 Request a quote

Compare our rates and find the perfect loan for your new home.

Get a quote
Talk to an expert

See how much you can afford and shop for homes with confidence.

Let’s talk