Conventional Home Loan
If you have enough for a down payment and a good credit rating, a conventional loan may be just what you need.Get started today
What's my takeaway?A Conventional mortgage can offer great rates to those who qualify. You can pay as little as 3% for your down payment, and once you've paid 20% of your loan, your mortgage insurance goes away.
If you have good credit and a down payment, you can take advantage of some great options with a conventional home loan. Find a loan officer near you to get started.
For more information on conventional loans, check out the 'Common conventional questions, answered' section below.
The most popular of all loan types.
Many loan options available from 15 to 30-year terms and fixed or adjustable rates.
No private mortgage insurance costs with 20% down payment.
Down payment as low as 3% for those who qualify
If private mortgage insurance (PMI) is required, it's typically less than an FHA loan.