Conventional loans
The standard path for buyers with steady credit: fixed terms from 10 to 30 years, conforming and jumbo options, and mortgage insurance you can remove as you build equity.
Is a conventional
loan right for you?
Conventional loans are the market standard, following Fannie Mae and Freddie Mac guidelines for buyers with steady credit. If most of these sound like you, it is worth a conversation.
- You are buying or refinancing a home you will live in, in Florida.
- You have reasonably steady credit and income.
- You want a fixed payment and a term you can choose, from 10 to 30 years.
- You can put down enough to avoid, or later remove, mortgage insurance.
- Your loan amount may run above the conforming limit and into jumbo territory.
Key parameters
The shape of the program in plain terms. Exact numbers depend on the lender and your profile.
How a conventional loan comes together
Talk it through
Your budget, your credit, and the home you have in mind. No paperwork required to start.
Get pre-approved
MaryAnn reviews your situation and returns real options across many lenders.
Choose your structure
Term, down payment, and whether to plan around removing mortgage insurance, each explained plainly.
Close on schedule
She coordinates lender, title, and agent so closing day is the easiest step, not the hardest.
Conventional, answered
The questions buyers ask most about conventional loans. Anything else, just call or text.
What is a conventional loan?
A conventional loan is a mortgage that is not insured or guaranteed by a government agency. Conforming conventional loans follow Fannie Mae and Freddie Mac guidelines, and loans above the local limit are considered jumbo.
What terms are available?
Conventional loans commonly offer fixed-rate terms of 30, 20, 15, and 10 years, and adjustable-rate options are also available. MaryAnn will help you weigh the trade-offs of a shorter versus longer term.
What is the difference between conforming and jumbo?
A conforming loan falls at or below the FHFA loan limit for your county, which changes each year. A loan above that limit is a jumbo loan and follows its own guidelines. MaryAnn will tell you which applies to your price range.
Do conventional loans require mortgage insurance?
Private mortgage insurance generally applies when your equity is below a set threshold, and it can typically be removed once you reach that threshold. This is one of the main differences from an FHA loan.
Do I need perfect credit for a conventional loan?
Not perfect, but conventional guidelines usually expect steadier credit than FHA. The first conversation is about finding the program that fits your profile, without a sales pitch.
Where are conventional loans available?
Home loans for a house you will live in are available in Florida, where Ease Mortgage is licensed. Ask about your situation in the first conversation.
Let us run the numbers.
Call or text MaryAnn directly, or schedule a time that works for you. Bring your questions; leave with a clear plan.
Ready to apply? Start your application online (opens in a new tab)