Most popular
Conventional Loan
The flexible path most buyers take.
Put as little as 3% down with competitive rates, flexible terms, and a process built for buyers who want options.
Why buyers choose this loan
The benefits of Conventional Loans
As little as 3% down
Don't wait years to save 20% — start sooner.
No upfront mortgage insurance
Save on closing day vs. FHA loans.
Drop PMI at 20% equity
Your payment shrinks once you build equity.
Primary, second, or investment
Use it for the home you want to buy.
At a glance
What you'll need
Minimum credit score620
Down payment3% +
Debt-to-incomeUp to 45%
Loan terms10 – 30 years
Best for
Is this loan right for you?
Buyers with solid credit who want flexibility on property type and the smallest possible mortgage insurance cost.
Not sure which loan fits?
Take our 2-minute homebuying plan and we'll match you with the right program.
Questions, answered
Conventional Loan FAQs
Ready to see if you qualify?
Start your homebuying plan — 2 minutes, no credit check, no commitment.