The right loan, every time!
A conventional loan, or "traditional" loan, is a conforming mortgage that follows the guidelines put in place by Freddie Mac and Fannie Mae.
- Multiple terms available
- No mortgage insurance with down payments greater than 20% loan-to-value
- Easy to shop and compare since this is a widely available product
- Typically offers lower rates if you meet loan requirements
Down Payment Options:
- 3% — First-Time Home Buyer
- 5% — Primary Residence
- 20% — Investment Property
- 10% — Second Home
Maximum Loan Amount:
$832,750
Low Down Payment Option: Conventional 97% LTV
A conventional 97% LTV loan is similar to a traditional conventional loan; however, this program allows buyers to purchase a home with only a 3% down payment.
Qualification Guidelines:
- Loan amount may not exceed $832,750
- Must be a one-unit, single-family property
- Must be owner-occupied
- At least one borrower must not have owned a home in the last three years
- Must be a fixed-rate mortgage
*Other restrictions may apply.
A conventional 97% LTV loan is often a strong option for first-time homebuyers because the guidelines align with their typical financial profile. Another advantage is that the entire 3% down payment may come from gifted funds, provided the gift is from a:
- Relative (by blood or marriage)
- Legal guardian
- Domestic partner
- Fiancé or fiancée
what our customers say
I've worked with Alex twice, and both times were very simple! He's always easy to communicate with, and the portal makes signing and submitting documents simple.
New Orleans, LA, 06/26/2026
Alex Shafirovich and the entire team at InterLinc Mortgage made the heloc process smooth and stress-free from start to finish. Alex was always available to answer questions, communicated every step of the way, and worked hard to ensure everything stayed on schedule. His professionalism, knowledge, and attention to detail gave...
06/26/2026
I've worked with Alex twice now, and both times have been great! He's always there to answer questions, and the portal makes it very easy.
06/26/2026
Rory and his team were so incredible to work with. They were so communicative throughout the entire home buying process and were very thorough in answering all of our questions. We enjoyed working with them so much! If you’re looking for a team who will make sure you are taken...
06/26/2026
Patrick and Brion assisted me and answered all my questions. Very professional and got our loan approved when my own bank said it wasn’t possible due to my time at my job and they got us the best rate on the market!
06/26/2026
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Let us help you choose the right loan option that is best for you.