What Is A Conventional Loan?
Conventional loans are the most common and widely available mortgage option. For borrowers with good credit, balanced income, debt, and funds for a down payment, they are often the least complicated way to get the most flexible mortgage options
Minimum Fico Score
-
620 minimum FICO, or 640 with mortgage insurance -
Contact your mortgage insurance company for details
Down Payment
-
3% minimum
occupancy
-
Primary residence, second home, and investment properties
Other Highlights
-
No mortgage insurance with 20% down
-
100% gift funds allowed
-
Up to 9% seller contribution
**This communication is for information purposes only, this is not a commitment to lend. individual buyer's financial circumstances may be different and may result in different interest rates, costs, and payments. all programs are subject to changes or cancellation at any time and without notice. Please consult your licensed loan Originator to learn more about mortgage products, your eligibility, and ask an offcial loan estimate before choosing your loan.
We Are Here To Help
Arm yourself with our expert insights, tips, and advice or find a mortgage advisor to help you achieve your financial goals.
Our Mortgage Process
Learn what to expect from our seamless home-buying journey. This is not another loan process; this is a journey where pleasant memories are created.