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
Amazing place! They have loan organizers that truly care about you and go above and beyond to help you understand the process.
05/15/2026
Dawn went above and beyond to facilitate our needs. She did a phenomenal job. Patient, detailed, answered all of my questions, took the time to explain what I didn't understand. She was wonderful, 10 out of 10, highly recommend.
05/15/2026
Ivan’s team is phenomenal. Thank you for promptly responding to our emails and inquiries. We felt supported and heard throughout the entire process.
05/15/2026
This is the mortgage company you want to use and you need to get request Alex Turner. He and his team are amazing and very kind!! Very down to earth and are truly non judgmental and super friendly!! He made this process such a breeze and was always quick to...
05/15/2026
Very pleased with how easy you have made this process. Alex is a G. he was so great. I'd recommend him to anyone. 12/10
Evansville, IN, 05/14/2026
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Let us help you choose the right loan option that is best for you.