Conventional Loans

Conventional Loans

Conventional loans are a mortgage that is not backed by the government, offering competitive rates and flexible terms. This makes them an outstanding choice for borrowers with good credit and stable income. A higher credit score increases your chance of having a lower rate.

To find a competitive rate, you need to know baseline market averages. If you have a good financial background, the better the rates can become. Having a large downpayment can lower interest rates and overall costs.

• Multiple Property Types
• Flexible Downpayment Options
• Debt to Income Ratio
• Favorable Terms
• Credit Score 620+
• Higher Loan Limits

In 2026, the FHFA increased the baseline for a conventional loan limit. A standard single family home is up to $832,750, giving buyers more purchasing power than previous years. Sales price above that may move you into a Jumbo loan.

If you stay within the conventional limits, a conventional loan carry less risks for the lender (banks) which gives them a better rate than non-conforming single family home loans.

Investment property loans may include; real estate that generates income, rental homes, or fixer upper that you can sell after renovations and repairs.

Bridge loans are short-term, 6 to 24 months, making it easier to purchase property or home, and take more time to move out of your current residence. Many buyers use this when building new construction.

HELOCs, Home Equity Line of Credit, also called a cash-out refinance on your primary home, gives you money to pay off debts, make repairs, or fund an investment property. To be approved for this, you must a certain percentage of equity in your current home.

Conventional loans are standard long-term loans, that may require 15% to 25% down and proof of income and stable employment.