Craig & Joe | 2 Navy Vets
Mortgage Brokers | NMLS# 390051
Conventional Loans
Great for buyers with strong credit. Flexible down payment options starting as low as 3%.
Get Pre-ApprovedWhy Choose a Conventional Loan?
Flexible Down Payments
While 20% down is the standard to avoid mortgage insurance, you can qualify for a conventional loan with as little as 3% down.
Cancellable PMI
Unlike FHA loans where mortgage insurance is permanent, Conventional Private Mortgage Insurance (PMI) automatically drops off once you reach 20% equity.
Property Flexibility
Conventional loans aren't just for primary residences. They can be used to finance second homes and investment properties as well.
Higher Loan Limits
Conventional loans often allow you to borrow more money than government-backed loans, making them ideal for purchasing in higher-priced markets.