Conventional Loan
What Will I Need To Apply?
LEARN MOREConventional loan financing offers financing options as low as 3% down payment. Most conventional loans are generally fixed for 30 years, although other terms are available. Certain credit profile and credit scores are generally needed to obtain conventional loan financing. Conventional loan limit is $647,200.
Features and Benefits
What Will I Need To Apply?
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What Do You Need?
- Before we get going, here are a few things you may need to gather for a successful application process:
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Is a Conventional Loan Right for You?
- A conventional loan is a great option if you have a great credit score and little debt (or enough income to offset your debt). You can avoid PMI by paying 20% of the loan upfront, which will lower your mortgage payments.
- If you’re unable to make a large payment upfront, conventional loans are available with a down payment as low as 3%. Your loan choice is personal
Reach out to our team to discuss your options
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Call Us: 561-420-0001
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Email Us: dtaylor@mortagebizfl.com
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