Loan Option Guide
Conventional Loans
Conventional loans are not insured by FHA, VA, or USDA. They are often used for primary residences, second homes, investment properties, purchases, and refinances when the borrower and property fit agency or investor guidelines.
Plain-English Overview
Where This Loan Can Fit.
Conventional loans are not insured by FHA, VA, or USDA. They are often used for primary residences, second homes, investment properties, purchases, and refinances when the borrower and property fit agency or investor guidelines.
Conventional pricing can vary meaningfully across wholesale lenders. Comparing rate, APR, credits, fees, and mortgage insurance can matter as much as the headline rate.
Compare My OptionsOften worth reviewing for
- Borrowers with stable qualifying income and credit profiles
- Buyers comparing down payment, mortgage insurance, and pricing options
- Homeowners who want a purchase, rate-term refinance, or cash-out review
Trade-offs to understand
- Mortgage insurance may apply with lower down payments
- Pricing can change based on credit, occupancy, property type, loan size, and points or credits
- Guidelines may be different for condos, investment properties, and self-employed borrowers
How We Compare It
The Program Is Only Part Of The Decision.
We compare the loan type against your credit profile, income, property, occupancy, timeline, cash to close, points, lender credits, mortgage insurance when applicable, and long-term plan.
Rates, terms, and eligibility depend on credit profile, income, property, loan program, occupancy, market conditions, and underwriting approval.
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Other Loan Structures Worth Comparing
A good recommendation usually comes from comparing several real choices, then explaining why one fits better than the others.
FHA Loans
Government-backed options that may help buyers with lower down payment needs or different credit profiles.
Learn moreVA Loans
For eligible veterans, service members, and qualifying spouses, with careful guidance on benefits and property requirements.
Learn moreUSDA Loans
A rural housing option in eligible areas, reviewed carefully for property location, income limits, and program fit.
Learn moreJumbo Loans
Financing for higher-priced California homes where documentation, reserves, and lender selection matter.
Learn moreWant To Compare Conventional Loans?
Start with your goal and the numbers that matter. The loan structure should follow the strategy.
Rates, terms, and eligibility depend on credit profile, income, property, loan program, occupancy, market conditions, and underwriting approval.