Conventional

The Foundation of Smart Homeownership

Flexible, reliable, and widely available — conventional loans are the most common path to buying a home.

What is a Conventional Loan?

The Standard. The Reliable. The Flexible.

A conventional loan is a mortgage not backed by a government agency — it follows guidelines set by Fannie Mae and Freddie Mac. Available for primary residences, vacation homes, and investment properties, conventional loans offer a wide range of down payment options and competitive rates for qualified borrowers.

Key Benefits

Flexibility That Fits Your Life.

Down payment as low as 3–5% for primary residences

PMI drops off when you reach 20% equity

Competitive rates for borrowers with strong credit profiles

Available for primary, second, and investment properties

Multiple term options (15, 20, 30 years and more)

General Requirements

What You Need to Know.

These are educational guidelines, not guarantees. Every borrower's situation is different — let's look at yours together.

Credit score typically 620 or higher (stronger profiles access better terms)

Down payment varies by property type (primary vs. investment)

Stable income and employment documentation

Debt-to-income ratio within program limits

Standard appraisal and underwriting process

Who This Is For

First-time buyers and move-up buyers seeking down payment flexibility, investors acquiring long-term rentals, and anyone wanting a straightforward, widely accepted mortgage product.

Ready to Get Started?

Let's Find the Right Loan for You.

Tell me about your goals — and I'll show you if a conventional loan is the right fit.

Apply Now Book a Strategy Call

Joshua Billings, NMLS #2738664. NEXA Mortgage LLC, NMLS #1660690. 5559 S Sossaman Rd, Bldg 1 Ste 101, Mesa, AZ 85212. Licensed in FL, CO & KY. Equal Housing Opportunity. This is not a commitment to lend. Terms and conditions apply.