Find the Right Loan
for Your Situation
Review common mortgage paths, then ask Tony about your scenario or begin an application when you are ready.
Get my optionsConventional Loans
A widely available loan type with program requirements that vary by lender.
Conventional loans are not backed by the government. Terms, pricing, mortgage-insurance treatment, credit, down-payment, and property requirements vary by lender, program, and the complete borrower and property scenario.
Pros
- Mortgage-insurance treatment depends on the program
- Available for primary, secondary, and investment properties
- Fixed and adjustable structures may be available
- Program options vary by lender
Cons
- Credit requirements vary by lender
- Mortgage-insurance requirements may apply
- Conforming limits apply
Review Conventional pricing with an LO
Rates, discount points, mortgage insurance and APR vary by lender, borrower, property and lock. A licensed loan officer can review a verified Loan Estimate for your specific scenario.
Not sure which loan is right?
Answer a few general questions to explore loan options for your situation.
Compare Loan Types
Select up to 4 loan types to compare side by side.
| Feature | Conventional | FHA | VA |
|---|---|---|---|
| Min. Down Payment | Varies by lender and program | Varies by program and lender | Requirements vary by program and lender |
| Min. Credit Score | Varies by lender and program | Varies by program and lender | Varies by program and lender |
| Max. DTI | Varies by lender and file | Varies by lender and file | Varies by lender and file |
| Loan Limit | Varies by county and program | Varies by county and property | Varies by entitlement, county, and lender |
| Mortgage Insurance | Mortgage-insurance treatment varies | Mortgage-insurance treatment varies | Program treatment varies |
| Apply | Apply | Apply |
Product information is general and not an eligibility or pricing offer. Read mortgage rates, explained.
Which Loan Is Right for Me?
Answer a few quick questions and we'll point you in the right direction.
Are you a veteran, active-duty service member, or surviving spouse?
Question 1 of 5
Common Questions
Everything you need to know about choosing a mortgage.
Ready to Get Started?
Start a loan inquiry without an initial hard credit pull. A licensed loan officer can review lender-specific pricing and next steps with you.