Conventional Home Loans
Looking for flexibility, competitive rates, and customizable terms? With options for low down payments and flexible repayment plans, conventional loans empower homebuyers to personalize their financing, making homeownership more accessible and affordable than ever.
Conventional. Never Ordinary.
Why Go Conventional?
Conventional loans offer homebuyers the freedom to choose from a variety of terms and down payment options. These loans make homeownership accessible and empower buyers to tailor their financing to their unique needs.
Is Conventional Right For You?
Conventional loans cater to a diverse range of borrowers. But they’re ideal for those with good to excellent credit scores who want competitive rates, terms, and:
Conventional Loan Benefits
Eligibility Requirements
Wondering if conventional mortgages are right for you? Explore conventional loan eligibility requirements:
Credit Score: Conventional loans typically require a minimum score of 620-640. Higher credit sores mean better terms.
Down Payment: Your financial situation and loan amount could allow for a minimal 3% down payment on a conventional loan.
Debt-to-Income Ratio (DTI): Conventional loans typically require homebuyers to have no more than a 43% debt-to-income ratio.
Stable Income: Conventional loans are ideal for borrowers with a steady job history and regular income that can be easily verified.
Getting Started: From Application to Approval
Wondering what to expect when you apply? It all begins with a straightforward application, where we collect details about your income, employment history, and existing debts. Next, we assess this information to evaluate your financial stability and creditworthiness. From here, you’ll be asked to provide additional documentation, such as pay stubs and tax returns. Rest assured, we're here to assist you at every step, keeping everything seamless, transparent, and stress-free.
Master Your Mortgage: Mortgage Payment Calculator
In addition to jump-starting your conventional loan application with our checklist, you can take another step forward by using our free mortgage payment calculator. This user-friendly tool considers your loan amount, interest rate, and loan term, making it easier to plan your finances and make informed decisions for your home purchase.
Our Conventional Loan Specialists
Meet the dedicated professionals who will guide you to the doorstep of your dream home. Our team seamlessly blends deep industry knowledge with personalized, empathetic insight, ensuring a smooth and supportive homebuying experience. With us, you are more than just a client; you're a valued member of our family.
Here’s Why We Do What We Do
I had a great overall experience with Eagle Home Financial. They were extremely knowledgeable and made the entire mortgage process very quick and easy. Any large purchase can be overwhelming but they were there to promptly answer any and all questions. I would highly recommend Eagle Home to any friends or family.
Why Work With Us?
Fast Closing
Complete your mortgage process in as little as three weeks for a faster home-buying experience.
Expertise at Every Step
Receive personalized advice from experienced mortgage experts who understand your needs and treat you like family.
Competitive Rates
Gain access to the most competitive rates in the market while lowering your long-term mortgage expenses.
Explore Our Resources
Looking for simple answers about the mortgage process? Our resources will help. Covering everything from applications to credit requirements, closing costs, and rates, you’ll find clear, easy-to-understand answers to common mortgage questions here.
A Loan for Every Dream Home
FHA
Start your homeownership journey with lower credit score requirements, low down payments, more forgiving guidelines for bankruptcy, and flexible credit requirements.
VA
VA loans honor veterans with exclusive benefits, including 100% financing, faster closing times, no private mortgage insurance, and lower interest rates.
USDA
No down payment? No problem. USDA loans offer zero down payment options, lower interest rates, and reduced mortgage insurance for rural buyers.
Jumbo
Our jumbo loans feature competitive rates, exclude student loan debt from DTI calculations, and are tailored to meet the unique demands of high-net-worth buyers.
