Conventional Loans
Flexible financing options for purchasing or refinancing your home.
A conventional loan is a mortgage that is not insured or guaranteed by a government agency. Many conventional loans follow guidelines set by Fannie Mae and Freddie Mac and can be used to purchase or refinance a home.
Potential benefits
- Available for primary residences, second homes, and investment properties.
- Fixed-rate and adjustable-rate structures may be available.
- Private mortgage insurance, when required, may be removable once certain conditions are met.
General eligibility considerations
- Credit history, income, assets, and debt obligations are reviewed.
- Down payment requirements vary by program and occupancy.
- Loan amount must generally fall within applicable conforming loan limits.
Important limitations
- Credit and documentation standards may be stricter than some government-backed programs.
- Mortgage insurance may apply with a smaller down payment.
- Loan amounts above conforming limits require a different program.
Common questions
Can I use a conventional loan to refinance?
Often, yes. Whether a refinance makes sense depends on your goals, current loan, and overall costs. A loan expert can walk through the options with you.
Do I need 20% down?
Not necessarily. Lower down payment options may exist, though mortgage insurance typically applies. Requirements depend on the program and your circumstances.
Is Conventional Loan right for you?
Every situation is different. Book a no-pressure consultation and a licensed loan expert will review your goals and walk through the options that may fit.
Program descriptions are general information, not a loan offer or commitment to lend. Eligibility, rates, fees, and terms depend on your circumstances and lender requirements and are subject to change. Not all applicants will qualify.
From first call
to closing day.
Your BridgePoint loan expert walks you through every step, so you always know what is done, what is next, and what you will need.
Tell us your goals
Buying your first home, growing your portfolio, or putting equity to work. We start with you.
Explore your options
Get clear guidance on the programs and possibilities that fit your financial picture.
Move forward with confidence
Your dedicated team stays by your side through the details, decisions, and closing.
Other programs to compare
FHA Loans
Government-insured financing with flexible down payment and credit requirements.
VA Loans
Home financing benefits for eligible military members, veterans, and qualifying spouses.
Jumbo Loans
Financing for homes that call for a loan above the standard conforming loan limits.
First-Time Buyers
Find your footing with guidance and financing options for your very first home.
Seller-Paid Buydown
Learn how a seller contribution may temporarily reduce your mortgage payments.
Rehab & Renovation
Explore financing that brings your home purchase and eligible improvements together.
USDA Loans
Government-backed financing for eligible homes in qualifying rural and suburban areas.
Let’s Build What’s Next
Whether you’re buying your first home, making your next move, or refinancing, we’re here to help you move forward with clarity and confidence.