Conventional Loans

Conventional home loans are one of the most common mortgage options available, offering flexible terms for both first-time buyers and experienced investors. Unlike government-backed loans, conventional loans are not insured by agencies such as the FHA, VA, or USDA. This type of mortgage is typically offered by banks, credit unions, and private lenders, providing competitive interest rates and predictable monthly payments. 

These loans are ideal for borrowers with strong credit, a stable income, and the ability to make a down payment. Conventional loans can be used to purchase primary residences, second homes, or investment properties, making them a versatile financing option. Depending on the lender, borrowers can choose between fixed-rate and adjustable-rate mortgages, allowing for a structure that best fits their financial goals. 

Conventional mortgages often require higher credit scores and lower debt-to-income ratios than government-backed loans, but they also come with the benefit of avoiding mortgage insurance if you can make a down payment of 20% or more. Loan amounts, interest rates, and repayment terms can vary, giving borrowers the flexibility to find a mortgage that aligns with their budget and long-term plans. 

At Maxim Real Estate Group, we specialize in helping clients navigate conventional loan options to secure the best possible financing for their real estate goals. Our team guides borrowers through the pre-approval process, loan selection, and closing, ensuring a smooth and efficient experience. Whether you’re buying your first home, upgrading to a new property, or expanding your investment portfolio, conventional home loans from Maxim Real Estate Group provide reliable, competitive financing solutions.