Conventional Loans
Mortgage loans from private lenders with flexible terms and competitive rates
About This Program
Conventional home loans are mortgage loans that are not insured or guaranteed by a government agency such as the Federal Housing Administration (FHA) or the Department of Veterans Affairs (VA). These loans are originated and serviced by private lenders, and are typically available to borrowers with a steady source of income.
These loans often require a down payment of at least 3-5%, and the interest rate and terms of the loan are determined by the borrower's creditworthiness and other factors such as the loan amount and length of repayment period.
Key Highlights
Down payments as low as 3-5%
Competitive interest rates based on creditworthiness
Flexible loan terms and repayment periods
Available to borrowers with steady income
No government mortgage insurance required (with 20% down)
Ready to Get Started?
Let's discuss your unique situation and see if this program is right for you