Conventional Loans
Competitive Rates, Flexible Terms
The most popular mortgage in America — ideal for buyers with steady income and good credit. Choose fixed stability or adjustable flexibility, with terms from 10 to 30 years.
What a Conventional Loan Includes
Conventional loans aren't backed by the government, which means more lender competition — and better pricing for qualified buyers. We compare dozens of conventional programs to find the structure that fits your budget today and your plans for the next decade.
- Fixed-rate terms of 10, 15, 20, and 30 years
- Adjustable-rate options for shorter stays
- Down payments from 3% for qualified buyers
- PMI that cancels automatically at 20% equity
- Higher loan limits for expensive markets
Who It's For
Buyers with credit scores of 620+ and stable, documentable income — including salaried, self-employed, and commission earners.
Down Payment
Put down as little as 3%, or 20%+ to skip private mortgage insurance entirely and unlock the very best rates.
Rate Choices
Lock a fixed rate for life, or choose an adjustable rate with lower starting payments if you'll move or refinance within years.
Closing Timeline
Typical closings run 21–35 days from accepted offer. Pre-approved buyers with complete files often close faster.
How Your Conventional Loan Comes Together
A clear path with a guide at every step.
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01
Qualify & Compare
We review your credit, income, and savings, then show fixed vs. adjustable scenarios with real monthly payments.
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02
Lock & Approve
We lock your rate at the right moment and shepherd your file through underwriting with zero surprises.
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03
Close & Save
Clear closing disclosure three days early, a calm signing day, and a plan to drop PMI as soon as you qualify.
Conventional Loan Questions
Most conventional programs start at 620, but the best pricing typically goes to scores of 740+. If you're close, we'll map the fastest credit improvements before you apply.
PMI cancels automatically once your balance hits 78% of the original value, and you can request cancellation at 80% — often sooner if your home appreciates. We track this with you after closing.
Staying 7+ years? Fixed usually wins. Planning to move, relocate for work, or refinance within 5 years? An adjustable rate's lower start can save thousands. We'll model both.
Ready for Your Conventional Loan?
Get a free rate comparison and same-day pre-approval decision.
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