Loan Programs
Conventional Loans
Conventional loans offer competitive rates and flexible terms for borrowers with strong credit. As the most common mortgage type, they're ideal for homebuyers who can make a down payment of 3% or more and meet standard qualification requirements.
Program Features
Down payments as low as 3%
No upfront mortgage insurance premium
PMI removable at 80% LTV
Fixed and adjustable rate options
Terms from 10 to 30 years
Primary, second home, and investment properties
Higher loan limits for high-cost areas
Streamlined refinance options
Frequently Asked Questions
What credit score do I need for a conventional loan?
Most conventional loans require a minimum credit score of 620. A score of 740+ typically qualifies you for more competitive rates and terms.
How much do I need for a down payment?
As little as 3% for first-time buyers, or 5% for repeat buyers. A 20% down payment eliminates the need for private mortgage insurance (PMI).
What is PMI and when can I remove it?
Private Mortgage Insurance is required when your down payment is less than 20%. It can be removed once your loan-to-value ratio reaches 80%, either through payments or home appreciation.
Ready to Get Started?
Take the first step. Get a personalized quote or connect with a local loan officer today.