Conventional Loans

Conventional loans are the most common type of mortgage, offering competitive interest rates and a wide variety of term lengths. They’re ideal for borrowers with solid credit and steady income. Unlike government-backed programs, conventional loans can be more flexible in property types and don’t require upfront mortgage insurance if you have at least 20% down. Whether you’re buying your first home or upgrading to your forever home, conventional loans are a popular, straightforward choice.

Scenario

Jessica and Daniel have been renting for years and finally saved up 20% for a down payment. With strong credit and steady jobs, they were able to secure a conventional loan with no mortgage insurance — saving them hundreds each month. They loved the flexibility of choosing a 15-year term to pay off their home faster.

“The Classic Choice — Simple, Flexible, Familiar.”

Borrower Checklist:

  • Stable income & employment history

  • Good credit score (620+ typical)

  • At least 3% down (20% to avoid PMI)

Documentation Checklist:

  • Pay stubs (last 30 days)

  • W-2s (last 2 years)

  • Tax returns (if self-employed)

  • Bank statements (last 2 months)

  • Valid photo ID

34125 US Highway 19

Suites 110 and 200, Office 291

Palm Harbor, FL 34684

1.813466.4319

[email protected]

NMLS: 1693869 | 130562

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