Let’s face it, convention looks good to lenders, especially during a tough economy. Homebuyers with good credit and enough funds to handle a larger down payment are ideal candidates for a Conventional Mortgage Loan. Buyers putting down 20% or more are not required to get private mortgage insurance, and Conventional Loans include NO Upfront Mortgage Insurance payments. The requirements are more strict…but it puts you on a firm path to home ownership.

Conventional Loan benefits include:

  • Lower interest rates than other mortgages
  • Fixed interest rate for the life of the loan, keeping your monthly payments the same even if interest rates rise or housing prices fall
  • 20% down payment gives you immediate equity in your home
  • Easier to refinance to take advantage of lower interest rates
  • More flexibility to negotiate fees and collateral with lenders

Interested in learning more? Sign up for a free, no-obligation consultation

Or call here: (330) 277-1839



203k Loan vs Conventional Mortgage

Conventional Mortgage vs FHA Loans

The Road to Mortgage Ready Credit

*Down payment and other terms shown are for informational purposes only, and are not intended as an advertisement or commitment to lend. Not all borrowers will qualify; please contact us for an exact quote and more information on fees and terms.