Conventional Loans for Confident Homebuyers
How a Conventional Loan Can Work for You
Conventional loans are incredibly versatile. From buying your first home to building a rental portfolio—or simply reshaping your current mortgage—they can be tailored to match your goals, equity, and comfort zone.
Primary Home Purchase
OWN THE PLACE YOU LIVE
Use a conventional loan to buy your main residence with as little as 3% down (for qualifying buyers), predictable payments, and room to remove PMI later as your equity grows.
Second Home
VACATION & GETAWAY SPOTS
Thinking about a beach condo or mountain retreat? Conventional loans are a go-to choice for second homes, with flexible terms and competitive pricing for qualified buyers.
Investment Property
BUILD LONG-TERM WEALTH
Conventional financing can help you purchase rental properties, subject to program guidelines, down payment requirements, and reserve rules for investors.
Refinance Options
RESHAPE YOUR MORTGAGE
Use a conventional refinance to lower your rate, shorten your term, or tap home equity (when eligible). We’ll explore rate-and-term and cash-out scenarios side by side.
Who Typically Qualifies for a Conventional Loan?
Here are the most common factors lenders look for. Even if you don’t meet every point, we’ll explore your full profile and see which loan type puts you in the strongest position.
Core Requirements
- 💼 Stable, documentable income and employment history.
- 📊 Credit score typically in the “good” range or higher.
- ⚖️ Debt-to-income (DTI) ratio that fits within program guidelines.
- 💵 Down payment starting around 3%–5% for many primary residences.
Helpful Strengths
- 💳 Strong recent on-time payment history on other credit accounts.
- 📈 Extra reserves in savings, retirement, or investment accounts.
- 📉 Lower total monthly obligations relative to your income.
- 📄 Income that can be documented or averaged (W-2 or self-employed).
Even if you’re unsure where you stand, we’ll compare Conventional, FHA, VA, and USDA options so you can see the full picture.
