Overview
Conventional mortgages offer a familiar way to finance a primary residence, second home or eligible rental property without government insurance. Your credit, documented income and savings help determine the options available to you.
Compare a predictable fixed-rate payment with other eligible loan structures, then choose a term and down payment that support your plans. Some qualifying primary-home programs allow down payments as low as 3%; eligibility and lender requirements apply.
Solution highlights
- Fixed-rate and eligible adjustable-rate structures
- Primary homes, second homes and eligible investment properties
- PMI generally applies below 20% down and may be canceled under applicable rules
Credit, income, assets, and property are reviewed. A smaller down payment may mean mortgage insurance.
Program information is educational. Your team will confirm availability, eligibility, costs and terms for your state and situation. Not a commitment to lend.
Personal guidance. A clear next step.
Let’s see how this solution fits your plans.
Your team will help compare the options and put the numbers in context.