Traditional Financing

Conventional Loans

Flexible mortgage options with competitive rates and terms designed for borrowers with strong credit and stable income.

No PMI at 20% Down
Competitive Rates
Flexible Terms

Down Payment Options

  • As low as 3% down
  • No PMI at 20% down
  • Gift funds allowed

Credit Requirements

  • 620+ credit score typically
  • Stable employment history
  • Debt-to-income under 45%

Loan Limits

  • Conforming loan limits
  • High-cost area options
  • Jumbo loan alternatives
Popular Choice

Conventional Loans
Smart, Flexible Financing

Conventional loans are one of the most popular and widely used home financing options in the U.S. Unlike government-backed loans, they offer competitive rates and flexible terms for qualified borrowers.

Competitive Rates
Flexible Down Payments
No Government Backing
Multiple Property Types
Real estate concept business, home insurance and real estate protection. Real estate investment concept. Buy and sell houses and real estate online on a virtual screen.
3%
Min Down Payment

What Is a Conventional Loan?

A conventional loan is a mortgage that's not insured by a government agency. These loans follow guidelines set by Fannie Mae and Freddie Mac, often offering better terms for borrowers with strong credit and stable income.

Fixed-rate and adjustable-rate options
Primary residences, second homes, investments

Who Is It Best For?

Conventional loans are ideal for borrowers who meet certain financial criteria and want flexibility in their financing options.

Good to excellent credit (typically 620+)
3% to 20%+ down payment capability
Homeowners looking to refinance
Want to avoid mortgage insurance (20%+ down)

Why Choose Equitable Lending?

We go beyond just quoting a rate. At Equitable Lending, we deliver custom loan strategies that fit your budget and timeline with highly competitive rates.

Personalized service and guidance
Very competitive pricing
Fast, responsive service
First-time to seasoned buyers welcome

Ready to Get Started?

Whether you're a first-time buyer, seasoned homeowner, or looking to refinance, our team is here to help you make a smart move.

Reach out today and experience the Equitable difference.

Loan Benefits

Why Choose
Conventional Loans?

Conventional loans offer unmatched flexibility and competitive terms for qualified borrowers. Discover the advantages that make them the preferred choice for millions of homeowners.

Key Advantages

Competitive Interest Rates

Often lower rates than government-backed loans for borrowers with good credit scores.

No Property Restrictions

Use for primary residences, second homes, vacation properties, and investment real estate.

Lower PMI Costs

Potentially eliminate private mortgage insurance with 20% down payment or refinance to remove it.

Higher Loan Limits

Access larger loan amounts for expensive properties and luxury homes.

Ready to Get Started?

Let our experts help you determine if a conventional loan is right for your situation. Get pre-approved in minutes and start your homeownership journey today.

Apply Now

Versatile Property Choices

Finance any type of property - from starter homes to luxury estates, vacation properties to investment rentals. No property type limitations give you complete flexibility.

All property types eligible

Attractive Loan Terms

Benefit from competitive interest rates, flexible down payment options, and loan terms designed specifically for qualified borrowers with strong credit profiles.

Best rates for qualified borrowers

Smart PMI Management

Enjoy lower private mortgage insurance costs compared to FHA loans, or eliminate PMI entirely with a 20% down payment. Save money every month on your mortgage payment.

Lower or no PMI required

Conventional Loan Statistics

60%
Of all mortgages
$766,550
Max loan limit
3%
Min down payment
620+
Min credit score

Experience the Equitable Lending Difference

Our team is dedicated to making the application process seamless and straightforward, empowering you with confidence every step of the way.

Conventional Loan Calculator

Calculate your monthly payments for conventional loans with competitive rates and flexible terms. Perfect for buyers with good credit seeking traditional financing options.

Conventional Loan Details

$
$
%
%

Additional Monthly Costs

$
$
$

Required if down payment < 20%

Payment Breakdown

Total Monthly Payment
$3,110
Loan Amount
$400,000
Principal & Interest
$2,460
Property Tax
$500
Home Insurance
$150
PMI
$0

Loan Summary

Total Interest Paid $485,600
Total Amount Paid $885,600

Ready to secure your conventional loan at competitive rates?

*This calculator provides estimates for conventional loans only. Actual rates may vary based on credit score, debt-to-income ratio, loan-to-value ratio, and other factors. Contact us for personalized conventional loan rates and terms.

Get In Touch

Ready to Start
Your Loan Journey?

Connect with our conventional loan experts today. We're here to answer your questions and help you find the perfect financing solution for your needs.

Competitive Rate Guarantee

We stand behind our promise

Let us BEAT your Locked Loan Estimate

or have peace of mind knowing you got the best deal available

100% Satisfaction Guaranteed
Call Today
(877) 885-0111

We'd Love to Hear From You

Our Office

2824 South Robertson Boulevard
Los Angeles, CA 90034

Call Us

(877) 885-0111

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