Skip to content

Conventional Loan

You’ve worked hard for a good credit rating. Here’s where it pays off. Conventional loans are a great option if you have good credit and enough money for a down payment. 

What you need to know about conventional loans

A conventional mortgage is one of the most well-known options out there and can offer great rates to those who qualify. Stearns Wholesale has products that allow you to put down as little as 3%. The maximum loan limit for one-unit properties is $548,250, or $822,375 in high-cost areas. If you are looking for financing over that amount, you will want to consider a Jumbo loan. Be sure to check with your Loan Officer about your financial goals. 

If you have good credit and a down payment, you can take advantage of some great options with a conventional loan. Find a loan officer near you to get started.

For more information on conventional loans, check out the 'Common conventional questions, answered' section below.
Popular Icon

One of the most popular home loans

Fixed and Adjustable Rate Icon

Many loan options available from 15 to 30-year terms and fixed or adjustable rates

No Private Mortgage Insurance Icon

No private mortgage insurance costs with 20% down payment

Private Lenders Icon

Down payment as low as 3% for those who qualify

Not Insured or Guaranteed Icon

If private mortgage insurance is required, it's typically less than an FHA loan

Get started with a loan officer today
Want to talk to one of our loan pricing experts?
Let's Talk

How do I get Started?

Our Broker Client Testimonials

Quote Author Profile Icon

Customer in the Northeast:

APR 20, 2021

“Thank you so much for your extra effort helping this lovely family into their new home! ―Nancy R. ”

Quote Author Profile Icon

Customer in the Southwest:

AUG 2, 2021

“All I can say is WOW!”

Quote Author Profile Icon

Customer in the Greater Midwest:

FEB 20, 2020

“Perfect. You always do a great job. Thank you. ―Niesha U. ”

Quote Author Profile Icon

Customer in Northern California:

MAY 30, 2021

“The whole loan process was very smooth from start to finish. Thank you very much to everyone! ―Lili C. ”

Quote Author Profile Icon

Customer in the Northeast:

FEB 17, 2021

“Thanks! You are literally a joy to work with! Not just for speed, but in your abilities, insight and willingness to help. A true joy. Thank you! ―Roxanne”

Quote Author Profile Icon

Customer in the Southwest:

MAR 11, 2020

“Thank you very much! We really appreciate all the help! ―Douglas J.”

Quote Author Profile Icon

Customer in Northern California:

SEP 6, 2020

“Thanks everyone for a very smooth closing! ―Michael L.”

Get Pricing Now