Conventional loans. The everyday home loan
A conventional loan follows Fannie Mae and Freddie Mac rules. We shop yours with 130+ lenders to find the best fit.
What a conventional loan is
A conventional loan isn't backed by a government agency. It follows the guidelines set by Fannie Mae and Freddie Mac.
It's usually the best fit when your credit is solid and your income is easy to document, for a purchase or a refinance.
Who it fits
- Buyers with steady, documented income
- Homeowners refinancing to a better loan
- Buyers of a primary home, second home or rental
- FHA borrowers ready to move to conventional
How it works with us
- Tell us your goalsBuy or refinance, price range and how much you plan to put down.
- One soft pullWe check your credit once, without affecting your score, and shop the file with 130+ lenders.
- Compare side by sideWe line up conventional against FHA and other options so you see which fits.
- CloseWe keep the appraisal, lender and title moving, and get you to closing.
What to have on hand
You don't need all of it to start. The application tells you what's missing.
- Photo ID for everyone on the loan
- Pay stubs covering the last 30 days
- W-2s for the last two years
- Bank statements for the last two months
- Purchase contract or current mortgage statement
Good to know
Is conventional better than FHA?
It depends on your credit, down payment and goals. We compare both side by side for you.
Can I use a conventional loan for a rental?
Yes. Conventional loans can be used for a primary home, a second home or an investment property.
Does checking my options hurt my credit?
No. We start with one soft credit pull, which doesn't affect your score.
Can I refinance into a conventional loan?
Yes. A conventional refinance can replace your current loan, including an FHA loan.