🏠 This residential loan program is exclusively available for Texas borrowers.

← All Loan Programs🏡 Conventional

Conventional Home Loans

Standard home purchase financing with competitive rates for qualified buyers.

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Overview

Conventional loans are not government-backed and are sold to Fannie Mae or Freddie Mac. They offer flexibility in property types, loan amounts, and terms — and once you reach 20% equity, there's no mortgage insurance. Ideal for buyers with good credit and stable income.

  • PMI cancels automatically at 80% LTV
  • No upfront mortgage insurance fee
  • Works for primary, secondary, and investment properties

Loan Specifications

Min Amount

$50,000

Max Amount

$766,550 (conforming limit 2024)

Loan Term

10, 15, 20, or 30 years

Max LTV

Up to 97%

Amortization

10–30 years

Rate Type

Fixed or ARM

Eligibility Criteria

  • Minimum 620 credit score (660+ for best rates)
  • Maximum 45% debt-to-income ratio
  • Stable 2-year employment history
  • Property must meet Fannie/Freddie guidelines

Required Documents

Documents are uploaded through our encrypted secure portal, stored on Cloudflare R2 enterprise storage, and only accessible to your assigned broker via a private link. Never shared with third parties.

  • 2 years W-2s and tax returns
  • Last 30 days pay stubs
  • 2 months bank statements
  • Property appraisal

Frequently Asked Questions