Conventional loans are also referred to as conforming loans and deemed so because they “conform” to guidelines set by Fannie Mae and Freddie Mac.

At SWBC Mortgage, we know how important it is to find a home loan to meet your specific needs and goals. With our conventional mortgage loans, you will gain access to several fixed- and adjustable-rate options. Conventional loans can provide qualified borrowers with many key benefits, including the ability to obtain financing for nearly any property type and multiple down payment options.

Conventional loan highlights:

  • Down payment options as low as 3%
  • No Private Mortgage Insurance (PMI) with 20% down payment
  • Gift funds allowed for owner-occupied and second homes
  • Not guaranteed by any government agency
  • Loan limits vary by geographic location

Next stepWe're Here to Help

You have tons of loan options. Talk with one of our professionals today, and we’ll work with you to find a home loan you’ll feel great about!

Find a Pro

©2023 SWBC Mortgage Corporation. Loans are subject to credit and property approval. Other restrictions and conditions may apply. Programs and guidelines are subject to change without notice. Rates are subject to change daily. This site is not authorized by the New York State Department of Financial Services. No mortgage solicitation activity or loan applications for properties located in the State of New York can be facilitated through this site.