Conventional
The most common path for buyers with steady income and solid credit, predictable principal-and-interest for the life of the loan, with no government insurance attached.
Is this you?
How it works
Conventional loans follow Fannie Mae and Freddie Mac guidelines. As your broker, we shop them across many lenders to find your best execution.
Put down less than 20% and PMI is added, but unlike FHA, it falls off automatically as you reach about 20% equity.
Primary residence, vacation home, or rental, conventional financing stretches further than most government programs.
What you’ll bring
A starting list, not a final one, every file is a little different, and we’ll tell you exactly what yours needs.
Common questions
As little as 3–5% for many buyers, though more down lowers your rate and removes PMI sooner. We’ll model a few scenarios against your goals.
Conventional PMI generally cancels automatically once you reach roughly 20% equity, a real advantage over FHA’s mortgage insurance.
Conventional rewards stronger credit, but the threshold is lower than people assume. If it’s borderline, we’ll compare it honestly against FHA.
Keep exploring
More forgiving credit and down-payment guidelines.
Learn moreFor homes above the conforming loan limit.
Learn moreLow-down-payment paths for getting in the door.
Learn moreThis page is informational and not a commitment to lend or a guarantee of any rate or term. All loans are subject to credit approval and program guidelines; not all applicants will qualify.
Get started
One conversation tells us whether this is your best move, or whether something else fits better. No pressure either way.
