Conventional Loans
Popular option. Flexible terms.
Conventional Loans follow standard lending guidelines and offer flexible terms, making them a popular option for qualified borrowers seeking competitive rates and customizable financing.


Conventional Loans
features
Conventional Loans
Benefits
Competitive interest rates and no upfront mortgage insurance can result in lower overall costs.
Conventional loans can offer higher loan amounts than government-backed loans, which is ideal for higher-value properties.
Borrowers can choose from a variety of loan terms and structures to suit their financial situation.
Unlike FHA or VA loans, conventional loans don’t have additional government fees, reducing the cost burden on borrowers.
FAQs
Yes. Conventional loans require an appraisal to verify the property’s value. The home must meet market standards, and the appraised value must support the loan amount. This step is necessary to finalize approval.
To qualify for a conventional loan, borrowers are more likely to qualify if they have higher credit scores, stable income, and manageable debt. Conventional loans may also require a larger down payment, though some allow as little as 3 percent down.
A conventional loan is different because it is not backed by the government. It usually requires stronger credit and a larger down payment, but it may offer lower long-term costs, which makes it a popular choice for well-qualified buyers.
Closing a conventional loan usually takes 30 to 45 days. The timeline depends on how quickly you provide documents, the appraisal process, and how busy the lender is.
For a conventional loan, you will need income documents such as pay stubs, tax returns, and bank statements. You will also need identification and proof of employment. If you make a larger down payment, you may need to provide proof of asset funds.
ready for a
Loan Title Here?
Company Name can help. (Your tagline or other statement here)
Apply Now

Mortgage Calculator
Enter the total loan amount you want to borrow.