Conventional Loans

Conventional mortgages are the most common type of home loan and are not backed by the government. They offer flexible terms and competitive rates for borrowers with solid credit and stable income.

Key Facts

• Down‑payment options: 3%, 5%, 10%, or 20%+

• PMI (private mortgage insurance) required when providing less than 20% down payment

• PMI can be removed once the borrower reaches a 20% equity in the home

• Available for primary, second homes, and investment properties

• Typically offer lower rates for strong credit profiles, but that's not always the case in today's financing conditions

Why This Loan Is Valuable
Conventional loans generally reward qualified buyers by offering lower long‑term costs and more flexibility. They’re especially attractive for buyers who want to remove mortgage insurance later or who plan to purchase a second home or investment property. We will evaluate all loan options that you qualify for, and explain the pros and cons of each to you in order to determine the best possible scenario for your economic needs.