Home / Loan Options / Conventional Loans
Conventional Loans
Not backed by a government agency — often the most flexible and cost-effective option for well-qualified borrowers.
The most common path to homeownership
Conventional loans follow guidelines set by Fannie Mae and Freddie Mac. They typically offer the best pricing for borrowers with good credit and steady income, and mortgage insurance can be removed once you build enough equity.
Down payments as low as 3% for qualified first-time buyers
Private mortgage insurance (PMI) can be cancelled once you reach 20% equity
Available for primary residences, second homes, and investment properties
Fixed and adjustable-rate options
See your conventional loan pricing
We’ll compare conventional pricing in-house and across our lending partner network for your specific credit profile.
Conventional loan basics
Min. down payment
As low as 3% for qualified buyers.
Min. credit score
Typically 620+, better pricing at higher scores.
Mortgage insurance
Required below 20% down; removable once equity is built.
Occupancy
Primary, second home, or investment.
Get your conventional loan quote
Free, no-obligation comparison across our direct lending and partner network.