Conventional Loans

Conventional Loans

A conventional home loan is one that is not insured or guaranteed by the federal government in any way. This distinguishes it from the three government-backed mortgage types (FHA, VA and USDA).

  • Credit scores as low as 620
  • 5% down payment
  • Fixed Rate Options: Terms range from 10-30 years Adjustable Rate Mortgage (ARM) Options: 3/1, 5/1, 7/1 and 10/1 ARMS