Loan Program
Conventional Loans
Flexible financing for borrowers with strong credit and stable income.
Who this program may fit
Borrowers with established credit, steady income, and funds for a down payment who want a loan not backed by the government.
Common uses
- Primary home purchase
- Second home purchase
- Investment property
- Rate-and-term or cash-out refinance
Key considerations
- Down payments may start as low as 3% for eligible first-time buyers on certain programs
- Private mortgage insurance (PMI) typically applies when equity is below 20%
- Loan limits vary by county and are subject to change
- Credit and debt-to-income guidelines vary by program and lender
Documents commonly requested
- Recent pay stubs (typically 30 days)
- W-2s (typically 2 years)
- Federal tax returns (typically 2 years)
- Bank statements (typically 2 months)
- Asset and liability documentation
The process
- 1Share your goals and financial picture
- 2Compare realistic conventional options
- 3Complete a secure application
- 4Underwriting and property review
- 5Clear to close and closing
Frequently asked questions
Related alternatives
FHA Loans
Government-backed financing with flexible qualifying for eligible borrowers.
ExploreBank Statement Loans
Alternative income documentation for self-employed borrowers.
ExploreNon-QM Loans
Solutions for borrowers outside the traditional qualifying box.
ExploreRefinance
Rate-and-term or cash-out refinancing for Florida homeowners.
ExploreReady to compare your options?
Schedule a strategy call tailored to your goals, income, and timeline.
This is not a commitment to lend. All loans are subject to credit approval, property approval, program guidelines, and applicable terms. Programs, rates, terms, and conditions are subject to change without notice. Not all applicants will qualify. Equal Housing Opportunity.
Angel Taipale, NMLS #1736690 — Bright Horizon Lending Inc., NMLS #2565670. Verify on NMLS Consumer Access