What is a Conventional Loan?
A conventional loan is a mortgage not insured or guaranteed by a government agency. These loans conform to guidelines set by Fannie Mae and Freddie Mac and are the most widely used mortgage product in the country.
Conventional loans offer flexibility in terms, down payment amounts, and property types. They're ideal for borrowers with good to excellent credit who want the best rates and maximum flexibility.
Key Benefits
- Down payments as low as 3%
- Fixed and adjustable rate options
- No upfront mortgage insurance with 20% down
- Loan amounts up to conforming limits
- Competitive interest rates for qualified borrowers
- Available for primary, secondary, and investment properties
Ready to Get Started?
Our loan specialists are ready to help you find the best conventional loan for your needs.
