Conventional Loans
The Gold Standard. Broadest Lender Access.
Conventional loans are the most widely used mortgage product in the U.S., backed by Fannie Mae and Freddie Mac guidelines. As a broker with access to 250+ wholesale lenders, we deliver conventional pricing that retail banks simply cannot match.
2026 Program Requirements
Key Benefits
- No upfront mortgage insurance premium
- PMI cancels automatically at 80% LTV
- Lower monthly cost vs. FHA at higher credit scores
- Available for primary, second home, and investment
- Flexible property types including condos and co-ops
- Lender-paid PMI options available
- 3% down HomeReady/Home Possible programs
- No geographic restrictions
The Process
Rate Shopping
We submit your scenario to multiple wholesale lenders simultaneously to find the best rate and pricing.
Pre-Approval
DU/LP automated underwriting approval with a strong pre-approval letter.
Appraisal
Conventional appraisals are typically faster than government loan appraisals.
Underwriting
Clear conditions early and address them proactively.
Close
Target 21-day close. Conventional loans are the fastest to close with proper preparation.
Frequently Asked Questions
What's the difference between conforming and high-balance?
Conforming loans meet the standard $806,500 limit. High-balance loans (up to $1,209,750) are available in designated high-cost counties and carry slightly higher rates.
When can I cancel PMI?
PMI must be cancelled when your loan balance reaches 80% of the original purchase price. It automatically terminates at 78% LTV. You can also request cancellation based on current appraised value after 2 years.
Ready to Get Started?
Daryl will review your scenario and provide a detailed breakdown of your options — at no cost or obligation.