Conforming financing
Conventional Loans
The flexible, competitive standard. Fannie Mae and Freddie Mac loans for primary, second, and investment properties.
What it is
A loan built around you.
Conventional loans are the most common type of mortgage in the U.S. and offer a great mix of rate, term, and flexibility. With down payments starting at 3% for first-time buyers, removable PMI as you build equity, and no government overlays, conventional financing is often the most cost-effective long-term option for borrowers with solid credit.
Who it's for
Designed for borrowers like you.
- Borrowers with strong credit (typically 620+)
- Buyers planning second homes or investment properties
- Move-up buyers leveraging existing home equity
- Anyone wanting to remove mortgage insurance over time
Key benefits
Everything you'd expect — and more.
01
From 3% down
First-time buyer programs start as low as 3% down payment.
02
Removable PMI
Drop mortgage insurance once you reach 20% equity.
03
Flexible properties
Use it for primary, second, or investment 1–4 unit homes.
Requirements at a glance
The basics.
- Down payment
- 3% (first-time buyer) – 20%+
- Credit score
- 620 minimum, 740+ for best pricing
- DTI
- Up to 50% with strong compensating factors
- PMI
- Required under 20% equity, removable later