conventional loans

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Whether you're purchasing your first home, upgrading to a larger space, or refinancing your current mortgage, a conventional loan offers flexible financing options, competitive rates, and a variety of loan terms to fit your financial goals.

the benefits

WHY CHOOSE A CONVENTIONAL LOAN?

Competitive Interest Rates

Conventional loans often provide attractive interest rates for borrowers with strong credit, helping you save over the life of your mortgage.

Flexible Loan Options

Choose from a variety of loan terms, including fixed-rate and adjustable-rate mortgages, to match your budget and long-term plans.

Lower Mortgage Insurance Costs

If your down payment is less than 20%, private mortgage insurance (PMI) may be required—but unlike some government-backed loans, PMI can often be removed once you build enough equity.

Ideal for Many Homebuyers

Conventional loans are a great option for first-time buyers, repeat buyers, vacation homes, investment properties, and refinancing opportunities.

What Is a Conventional Loan?

A conventional loan is a mortgage that isn't insured or guaranteed by a government agency. Instead, it follows lending guidelines established by Fannie Mae and Freddie Mac. These loans are one of the most popular financing options because they offer flexibility, competitive interest rates, and a wide range of loan programs for qualified borrowers. Whether you're purchasing your first home or your forever home, a conventional mortgage may provide the financing solution that best fits your needs.

eligibility

WHO MAY QUALIFY FOR A CONVENTIONAL LOAN?

Good Credit Profile

Conventional loans generally offer the best terms to borrowers with a solid credit history and responsible financial habits.

Down Payment Options

Depending on the loan program, qualified buyers may be able to purchase a home with a relatively low down payment, while larger down payments can reduce monthly costs.

Stable Income

Lenders review your employment history and income to ensure you can comfortably manage your mortgage payments.

Debt-to-Income Ratio

Your monthly debt obligations are considered to determine whether your income supports the new mortgage payment.

Why Work With Lori

Mortgage Advice You Can Trust

  • Personalized recommendations to determine whether a conventional loan is the right financing option for your goals.

  • Guidance comparing conventional, FHA, VA, and USDA loans so you can make an informed decision.

  • Clear communication throughout the mortgage process with answers to your questions every step of the way.

  • A smooth, responsive experience from pre-approval through closing.

Client Stories

REAL STORIES FROM MY VALUED clients

Let's Find the Right Mortgage for You

Every homebuyer's financial situation is unique. Whether you're buying your first home or refinancing your current one, I'll help you compare your options and choose the mortgage that best fits your needs.

PrimeLending's Lori Meaney specializes in connecting Central Florida families with the right home loan — from first-time buyers to seasoned homeowners.

Contact Info

© PrimeLending, a Plains Capital Company · NMLS ID 13649 · Lori Meaney NMLS# 1132235 · All loans subject to credit approval.