LOAN PROGRAMS

Conventional

Conventional loans offer flexible finance options for a variety of home types, down payments, and qualified borrowers. These programs are great options for homebuyers with a strong credit history and stable employment status.

Programs

Conventional

Conventional Mortgage Highlights:

  • Available for purchase or refinance of various home types
  • As low as 3% Down Payment options
  • Allowable seller contributions and gift funds
  • No first-time homebuyer requirements

How a Conventional Mortgage Works:

Conventional Mortgage loans are great loan options for homebuyers with strong credit history and stable employment status. While government loan programs may have property restrictions, conventional mortgages are available for various property types.

Conventional loan down payments begin at just 3% and offer incentives for borrowers that offer larger down payments, such as the removal of Private Mortgage Insurance. Private Mortgage Insurance is required for conventional loans that do not have 20% or more for a down payment.

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