Skip to content

Conventional Loan

You’ve worked hard for a good credit rating. Here’s where it pays off. Conventional loans are a great option if you have good credit and enough money for a down payment. 

What you need to know about conventional loans

A conventional mortgage is one of the most well-known options out there and can offer great rates to those who qualify. Certainty Home Loans has products that allow you to put down as little as 3%. The maximum loan limit for one-unit properties is $647,250, or $970,800 in high-cost areas. If you are looking for financing over that amount, you will want to consider a Jumbo loan. Be sure to check with your Loan Officer about your financial goals. 

Conventional loans offer options with fixed-rates or adjustable-rate mortgages (ARMs). You may be familiar with the concept of a fixed-rate mortgage, where the interest rate you obtain is constant for the entire period you have your loan. Another option to consider is an adjustable-rate mortgage (ARM), which comes with a variable interest rate. You can read more about ARMs here to weigh the pros and cons. 

If you have good credit and a down payment, you can take advantage of some great options with a conventional loan. Find a loan officer near you to get started.

 

Finance Your Home with Confidence Guide

Buying your dream home is possible! And with Certainty Home Loans by your side, you can navigate the mortgage process with confidence. This guide is to help you navigate your financing journey and help you know what to expect every step of the way.

Popular Icon

One of the most popular home loans

Fixed and Adjustable Rate Icon

Many loan options available from 15 to 30-year terms and fixed or adjustable rates

No Private Mortgage Insurance Icon

No private mortgage insurance costs with 20% down payment

Private Lenders Icon

Down payment as low as 3% for those who qualify

Get started with a loan officer today
Ready for your dream home? Us too, let’s get started!
Find your loan officer

Common conventional questions, answered.

What our customers are saying

Chat with us about Conventional Home Loans