Conventional Mortgage Program

The Advantages of Conventional Financing

Despite other programs receiving more media attention, Conventional Loans stand out due to their stringent requirements, providing conventional buyers with a competitive advantage over those with lesser qualifications. Homeowners boasting good credit and a substantial down payment can steer clear of upfront mortgage insurance or monthly premiums, as seen in FHA loans. Choosing a Conventional Loan for your next home offers numerous compelling reasons, making it a top-notch option worth considering.

Faster Loan Underwriting:

Conventional loans offer the advantage of requiring less paperwork and quicker processing compared to government-insured loans. Mortgage lenders can approve these loans without the typical delays associated with FHA or other government agencies. Additionally, sellers can avoid dealing with an exhaustive FHA inspection that might demand time-consuming repairs.

More options:

Conventional loans cater to a wide range of preferences, with various types and durations available. Whether you desire a 10-year fixed-rate loan or seek an adjustable 7-year term, conventional loans are your go-to option for finding the perfect fit.

Optional Escrow Accounts:

With conventional loans, you typically have the option to pay taxes and insurance directly, rather than including them in the monthly payment through an escrow account.

Security for You:

Conventional mortgages are primarily fixed-rate products, which means that once an interest rate is locked in, the borrower maintains the same payment throughout the loan’s duration. Regardless of whether interest rates rise or housing prices decline, the borrower’s monthly payments remain constant. This stability provides flexibility, even if interest rates drop significantly and refinancing becomes attractive, as borrowers have already met the stringent requirements to secure the conventional mortgage.


• MI not required if 80% Loan to value or less
• Cancel existing mortgage insurance at 80% LTV
• Can be used on all property types
• More loan program options
• Can hold numerous conventional loans
• No maximum loan limit


• Higher down payment requirements
• Higher credit score requirements
• Maybe more difficult to qualify than FHA loan
• Mortgage insurance still required for loans above 80% loan to value


Customer Support

John Higgins

NMLS #136061

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