The industry benchmark for buyers with strong credit profiles. Enjoy high loan limits, flexible terms, and customizable mortgage insurance structure.
Qualified first-time and repeat buyers can secure conventional financing with down payments starting at just 3% to 5%.
Private Mortgage Insurance (PMI) drops off automatically once you reach 20% equity in your home, saving you money monthly.
Use conventional loans for primary residences, second/vacation homes, or multi-unit investment properties.
Designed for borrowers with fair-to-excellent credit, unlocking competitive interest rates for higher scores.
Choose from standard 30-year or 15-year terms, or select custom timeline options to fit your goals.
Higher borrowing caps compared to FHA limits allow for purchasing higher-priced homes.
Unlike FHA loans, conventional loans do not require an upfront government insurance fee at closing.