Conventional Loans
A versatile mortgage for primary homes, second homes, and eligible investment properties.
A financing strategy built for your goals.
Conventional financing can offer competitive pricing, multiple down payment choices, and options to remove private mortgage insurance when requirements are met. We compare the full payment and cash to close so you can choose with confidence.
At a glance
- Low down payment options for eligible buyers
- Primary, second home, and investment property options
- Potential to cancel PMI when eligible
How conventional loans work
How it works
Conventional loans are not insured by a government agency. Many follow Fannie Mae or Freddie Mac guidelines, while others use different investor rules.
What we review
We look at credit, income, assets, debts, property type, and your plans for the home. A larger down payment can affect pricing and mortgage insurance.
Compare the full cost
The right choice depends on rate, APR, mortgage insurance, closing costs, and how long you expect to keep the loan.
Who this may fit
Every situation is different. This program can be a useful starting point for:
- First-time and repeat homebuyers
- Buyers with strong credit
- Second-home buyers
- Eligible property investors
Neev can help you compare it with other available options using your actual income, assets, property, and goals.
Questions about conventional loans
Do I need 20% down?
No. Some eligible conventional purchase programs allow as little as 3% down. The exact minimum depends on the program and your qualifications.
Can conventional loans finance an investment property?
Yes, eligible investment properties can be financed conventionally, usually with different down payment and reserve rules.
Let's explore your conventional loans options.
You'll get a real conversation, clear tradeoffs, and a financing plan shaped around your goals.