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Conventional loan

Conventional Loan: flexible financing for strong buyers.

Conventional loans are the go-to for buyers with solid credit. With as little as 3% to 5% down and no upfront mortgage-insurance fee, they are often the most cost-effective path.

Conventional Loan loan in Naples, Florida
Why it works

What a Conventional Loan gets you.

Low down-payment options, cancellable mortgage insurance once you reach 20% equity, and competitive pricing for good credit.

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The highlights

Conventional Loan at a glance.

As little as 3% down for qualified buyers

Mortgage insurance drops off at 20% equity

Works for primary, second, and investment homes

Questions

Conventional Loan FAQs.

How much do I need down?

As little as 3% for a first home. More down means a better rate and no mortgage insurance at 20%.

Can I use it for a rental?

Yes, conventional financing covers investment properties too, usually with a bit more down.

Southwest Florida home

See if a Conventional Loan fits you.

Free to check, with no impact to your credit. Erlis runs your exact numbers and compares your options.

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