Conventional Loans


Buying a home is a big dream, and a conventional home loan can make it happen without emptying your piggy bank! It's like having a powerful friend who lends you money and trusts you to pay it back. Here's what makes this loan special:

  • As Little as 3% Down for First-Time Homebuyers: If you've never bought a house before, you might only need to save up 3% of the home's price to get started. 
  • 620 Minimum Credit Score: Think of your credit score like a grade on a test. You need at least a 620 to pass, but the higher it is, the better the loan might be.
  • Multiple Mortgage Insurance Options: This is like a safety net for the bank, but there are different choices, so you can pick what works best for you.
  • 1 Year Tax Returns Allowed: If you've been working for yourself for more than 5 years, you might only need to show your money reports for one year. That can make things easier!
  • Conforming and High Balance Options: Whether your house is a regular price or a bit more expensive, there are choices to help you get the right loan.
  • Fixed and ARMs Terms Available: You can pick how you pay back the money. It could stay the same every month (fixed) or change sometimes (ARMs).
  • Purchase, Rate/Term Refinance, and Cash Out Refinance: Whether you're buying a home, changing your current loan, or taking some money out, this loan has you covered.

A conventional home loan isn't just a way to buy a house. It's a path to your dream home that bends and twists to fit you. With lots of choices and helpful options, it's like a handcrafted tool to help you build your future.