Start with a complete comparison.
Ask for the estimated payment, cash needed at closing, fees, and mortgage insurance, if applicable. A smaller upfront expense can mean a different cost over time.
Conventional Home Loans
A familiar option.
A personal decision.
Compare a conventional mortgage around the way you plan to buy, own, and pay for your home.
Talk about Conventional loans ↗Match the structure to your plans.
Talk through the loan term and whether a fixed or adjustable rate fits your situation. Consider how long you expect to keep the home and how a payment change would affect your budget.
A USEFUL FIRST CONVERSATION
Bring your questions.
We’ll start with what matters to you and explain the next step.
Helpful topics to have ready
- Your purchase timeline and intended use of the property
- Your comfortable housing budget, including taxes and insurance
- Questions about down payment, reserves, and mortgage insurance
Keep sensitive documents for an approved secure application channel.
Your questions, answered.
Is conventional the same as conforming?
No. Conforming loans meet the applicable size and other requirements for purchase by Fannie Mae or Freddie Mac. Jumbo financing is a separate topic worth discussing for larger borrowing needs.
Should I compare FHA as well?
Yes, when available and appropriate. Compare the actual terms and full costs of your options rather than assuming one program is always better.
Learn more: CFPB: conventional loans
Let’s work through the details.
A conversation comes before choosing a loan.
Keep exploring
Ready for your next step?
Start your secure application or return to your borrower portal.