Conventional loans are not backed by a government agency, which means guidelines and pricing can vary more between lenders than government programs do. That is exactly where an independent broker helps: instead of one bank's conventional guidelines, our team can shop your file across multiple wholesale lenders and loan programs.
Conventional financing usually shows up as fixed-rate terms (30-year or 15-year) or an adjustable-rate mortgage. We help you decide which structure fits your timeline and payment goals.
When conventional often fits
- Buyers with established credit and a down payment above many government-program minimums
- Move-up buyers and homeowners refinancing an existing conventional loan
- Second homes and some investment property scenarios
- Borrowers who want to avoid certain government-program insurance structures once equity supports it
How we approach conventional financing
- Clarify goals, timeline, and how much cash you want to keep in reserve
- Compare conventional against FHA, VA, and USDA before you commit to a label
- Shop pricing and program fit across our lender network
- Issue a clear pre-approval you can share with your realtor
- Guide appraisal, underwriting conditions, and closing so surprises stay rare
Frequently asked questions
Is conventional always cheaper than FHA or VA?
Not automatically. It depends on your credit, down payment, and the specific file. We compare real numbers rather than assuming one program wins by default.
Do I need 20% down for a conventional loan?
No. Many conventional programs allow less than 20% down, though mortgage insurance and pricing can be affected. We confirm exact numbers after reviewing your scenario.
Can I use conventional financing to refinance?
Yes. Rate-and-term and cash-out conventional refinances are common. Start with our refinance qualifier.