Call or Text Nate today at 480.331.6863

Conventional Loans

Are you looking to purchase a home and think you need 20% down for a conventional? Listen to this! We have options for as little a 5% down (3% if you're a first time homebuyer.) There are also options to not have a monthly mortgage insurance premium on a conventional loans with less then 20% down. Give me a call today if you would like to know more!

Conventional Highlights

Do not need 20% down
Minimum down payment of 5% (3% if first time homebuyer)
Options to buyout mortgage insurance with less then 20% down
No mortgage insurance with 20% down
Gifts from eligible donors are allowed
Allowable debt to income up to 50%
Investment Properties are eligible for conventional financing

LO Licensing: NMLS 1042376 AZ LO -0926063 Equal Housing Lender

All Clear Mortgage Mortgage Company Licensing: NMLS 2552390 AZ MB-1050326

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