Conventional Loan Program

A conventional loan is any type of home buyer’s loan that is not offered or secured by a government entity. Instead, conventional mortgages are available through private lenders, such as banks, credit unions, and mortgage companies.

Key Benefits and Requirements

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640 Minimum Fico score

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Industry low interest rates

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Down payment as low as 3%

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10 day closings

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Loans up to $679,650

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No mortgage insurance options

FOR FIRST TIME BUYERS & NON FIRST TIME BUYERS.

Conventional loans are much more common than government-backed financing. Conventional loans are used for 74% of all new home sales, making them the most popular home financing option—by a long shot.

Though conventional loans offer buyers more flexibility, they’re also riskier because they’re not insured by the federal government. This also means it can be harder for you to qualify for a conventional loan.