The minimum down payment for a conventional loan is 3%, depending on your qualifications and credit profile. A larger down payment (such as 20%) can help you avoid Private Mortgage Insurance (PMI), and may be required for investment properties.

Mortgage Insurance, or Private Mortgage Insurance (PMI) for conventional loans, is required if you put down less than 20%. It protects the lender if you default. Once you reach 20% equity, you can request to have PMI removed, lowering your monthly payments.

We accept credit scores as low as 620 for conventional loans. However, a higher credit score can help you secure better interest rates and terms.

Our team works to close your loan as quickly as possible, with closing times as short as 14-21 days. The exact time may vary depending on your individual situation and the complexity of the loan.

Yes! Unlike some government-backed loans, conventional loans can be used for primary residences, second homes, or investment properties, offering flexibility based on your real estate goals.

With a fixed-rate mortgage, your interest rate and monthly payments stay the same for the life of the loan. An adjustable-rate mortgage (ARM) starts with a lower fixed interest rate for a specific period, after which the rate adjusts periodically based on market conditions.

Yes, you can refinance your conventional loan to take advantage of lower interest rates, change your loan term, or remove PMI once you’ve reached 20% equity.

The first step is to get pre-approved! You can start the application process by clicking the Apply Now button on this page, and our team will guide you through the entire process from pre-approval to closing.