Conventional loans are the most popular program available. The housing market has stabilized, and lenders are opening up from the very strict guidelines of the recent past. Conventional lending is now being done with common-sense underwriting guidelines.

Recent Conventional Highlights include:

  • Purchase loans with only 3% down payment – All of the 3% down payment can be a gift.
  • One year self-employed income can be enough for self-employed borrowers.
  • Maximum number of financed properties for a borrower can be 5+
  • Investment Purchases up to 85% loan to value.