CALL US (602) 942-7777 BORROWER LOGIN MORTGAGE 101 ▼ TOOLS ▼ LOAN OPTIONS ▼ BORROWER REVIEWS FIND A LOAN EXPERT OUR COMPANY ▼ Conventional Loans A good fit for most borrowers without special circumstances and that have good credit. Down payments as low as 3% for a primary residence Higher maximum loan limits than some programs such as FHA Financing available for secondary and investment properties Fixed rate and Adjustable Rate Mortgage (ARM) options available No up-front or monthly mortgage insurance with 20% down payment Typically, have lower interest rates and lower fees than other types of loans Conventional Down Payment Requirements Conventional Loans for purchase transactions require the buyer to put down at least 5% - 20% of the purchase price of the home. Most lenders require at least 10% equity in the property on refinance transactions. You might qualify for a HARP 2.0 Loan if you don't have enough equity to qualify for a conventional refinance. Eligible Property Most conventional loan programs allow you to purchase single-family homes, warrantable condos, planned unit developments, and 1-4 family residences. A conventional loan can also be used to finance a primary residence, second home and investment property. Find out if a conventional loan is right for you. Contact one of our licensed loan officers. AZ BK# 10123 (CA Lic. #603K986) Suburban's NMLS ID 3089 NMLS Consumer Access Privacy Policy Opt-Out Form ©Suburban Mortgage, Inc. All rights reserved.

CALL US (602) 942-7777 BORROWER LOGIN MORTGAGE 101 ▼ TOOLS ▼ LOAN OPTIONS ▼ BORROWER REVIEWS FIND A LOAN EXPERT OUR COMPANY ▼ AZ BK# 10123 (CA Lic. #603K986) Suburban's NMLS ID 3089 NMLS Consumer Access Privacy Policy Opt-Out Form ©Suburban Mortgage, Inc. All rights reserved.