Traditional Financing • Most Popular

ConventionalLoans

Flexible mortgage options with competitive rates and terms designed for borrowers with strong credit and stable income.

No PMI at 20% Down
Competitive Rates
Flexible Terms
Apply Now(877) 885-0111
3%
Min Down Payment
620+
Credit Score
30yr
Fixed Available
Popular Choice

What Is a Conventional Loan?

A conventional loan is a mortgage that's not insured by a government agency. These loans follow guidelines set by Fannie Mae and Freddie Mac, offering competitive terms for qualified borrowers.

Property Types

Primary residences, second homes, and investment properties are all eligible for conventional financing.

Flexible Terms

Choose from fixed-rate or adjustable-rate options with terms ranging from 10 to 30 years.

No PMI at 20% Down

Avoid private mortgage insurance entirely by putting 20% or more down on your home purchase.

Who Is a Conventional Loan Best For?

Conventional loans are ideal for borrowers who meet certain financial criteria and want flexibility in their financing options.

  • Good to excellent credit — typically 620+ credit score
  • Down payment capability — as low as 3% to 20%+
  • Stable income — documented employment history
  • Homeowners refinancing — to better rates or terms
620+
Minimum Credit Score
3%
Minimum Down Payment

Why Choose Equitable Lending?

We go beyond just quoting a rate. We deliver custom loan strategies that fit your budget and timeline.

Personalized Service

Tailored guidance for your unique situation

Competitive Pricing

We work to find you the best rates

Fast Service

Quick, responsive communication

All Buyers Welcome

First-time to seasoned investors

Loan Benefits

Why Choose Conventional Loans?

Conventional loans offer unmatched flexibility and competitive terms for qualified borrowers.

Competitive Interest Rates

Often lower rates than government-backed loans for borrowers with good credit scores.

No Property Restrictions

Use for primary residences, second homes, vacation properties, and investment real estate.

Lower PMI Costs

Potentially eliminate private mortgage insurance with 20% down payment or refinance to remove it.

Higher Loan Limits

Access larger loan amounts for expensive properties and luxury homes.

Conventional Loan Statistics

60%
Of All Mortgages
$766K
Max Loan Limit
3%
Min Down Payment
620+
Min Credit Score
Payment Calculator

Conventional Loan Calculator

Calculate your monthly payments with our easy-to-use calculator.

$
$
%
%
$
$
$
Monthly Payment
$3,113
Loan Amount$400,000
Principal & Interest$2,463
Property Tax$500
Insurance + PMI$150
Total Interest$486,633
Apply Now(877) 885-0111

*Estimates only. Actual rates vary based on credit, DTI, and other factors.

Get In Touch

Ready to Start Your Loan Journey?

Connect with our conventional loan experts today.

Competitive Rate Guarantee

Let us work to find you a BETTER DEAL on your Locked Loan Estimate, or have peace of mind knowing you explored all available options.

(877) 885-0111

Contact Information

Our Office

2824 South Robertson Boulevard
Los Angeles, CA 90034

Quick Response Guarantee

We respond to all inquiries typically within 1 hour during business hours (Mon-Fri 9AM-5PM PST).

Get Your Free Quote

Ready to explore your conventional loan options? Apply now or contact us directly.

Apply Online Now