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
Workflows were clearly communicated and understood to see what was next in the process to make the entire close process smooth.
07/17/2026
Bob was great to work with. He was always available when we had questions and took the confusion out of the whole process. Everything felt easier to understand, and we were comfortable every step of the way.
07/17/2026
I honestly couldn't ask for better communication and customer service from a lender! From title companies to clients to my weekly update on each buyer.. it has just been amazing to work with Alex and Brion!
07/17/2026
Dominique Ellis with InterLinc Mortgage is a pleasure to work with. She is incredibly responsive, communicates clearly, and is always available to answer questions throughout the lending process. You never feel left wondering what's going on because she keeps you informed every step of the way. Her professionalism, reliability, and...
07/16/2026
Dom the Bomb dot com! Is there a such thing as a magical loan officer? If you are like me and didn't think so, then you obviously haven't done business with Dominique. She is truly a Jedi when it comes to lending. If you are searching, you can stop, call...
07/16/2026
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Let us help you choose the right loan option that is best for you.