Conventional Loans or Prime Purchase Home Loans are for borrowers seeking financing to buy their primary residence, a second home, or a rental property. These properties can be MLS listed, REO Foreclosures, Short Sale or For Sale by Owner properties. Call us to get pre-qualified before you start your property search.
- 1% to 20% down payment typically required
- Minimum FICO credit score = 600 and higher is better
- At least 1 to 2 year work history
- Moderate income to qualify
- Livable property condition