A Conventional Loan is one of the most popular and widely trusted mortgage options for today’s homebuyers. We design solutions that match your financial profile and goals — whether you’re purchasing your first home, refinancing, or investing in a second property. With competitive rates, flexible loan terms, and options for both fixed and adjustable rates, conventional loans give you the control you need. Plus, as you build equity, you can reduce costs by removing mortgage insurance. It’s a straightforward path to homeownership with the stability and flexibility you deserve.
Flexible Use Cases – Use it to buy your primary home, refinance, or even for investment/second homes.
Competitive Terms – With strong credit, you can get favorable interest rates and lower fees.
Cancel Mortgage Insurance – If you put down less than 20%, you’ll usually pay PMI, but once your equity grows, you may remove it.
Fixed & Adjustable Option – Lock in stability with a fixed rate or take advantage of lower initial rates with adjustable-rate options.
Broad Acceptance & Availability – Conventional loans are offered by most lenders and understood by the market.
Clear Qualification Guidelines – The rules for credit score, debt-to-income, down payments are well known and predictable.
Ans: Yes many conventional loan programs allow for second homes or investment properties.
Ans: Typically when your loan balance drops to 80% of the home’s value (i.e. you have 20% equity), though rules depend on lender.
Ans: Conventional loans generally require stronger credit and down payment, but don’t have long-term mortgage insurance requirements that FHA has. VA loans offer special benefits for veterans but are limited to eligible borrowers.
Ans: Some conventional loans allow as little as 3% down, depending on the borrower and program.
Ans: Many lenders look for 620+ or higher for conventional loans.
Ans: 15-year, 20-year, and 30-year fixed terms are popular; adjustable-rate options are also available.
