Great for most borrowers

Conventional Home Mortgages

Flexible, reliable home loan options for first-time buyers, move-up buyers, and anyone looking for a straightforward path to homeownership.

What Is a Conventional Mortgage?

A conventional mortgage is one of the most popular home loan options because it offers competitive rates, flexible terms, and straightforward requirements. These loans are not backed by the government, which gives lenders more freedom in how they structure them. Whether you’re buying your first home or upgrading to your next, a conventional mortgage can provide predictable monthly payments and long-term stability. With a range of down payment options, this loan type works well for a wide variety of credit profiles and financial goals.

Key Benefits

  • Lower interest rates for qualified borrowers
  • Flexible down payment options (as low as 3%)
  • No upfront mortgage insurance requirements
  • Available for primary, secondary, or investment propert

Considerations

  • Best rates reserved for stronger credit profiles
  • Consideration two
  • Appraisal standards can be more strict

Typical Requirements

  • Credit score of 620+
  • 3–20% down payment depending on qualification
  • Stable income and employment history
Works for a wide range of borrowers
Predictable monthly payments
Competitive long-term rates