Conventional Purchase Loan Program


The conventional mortgage program has a variety of options to help low and moderate income borrowers purchase a home, including low down payment and eligibility for community seconds or standard subordinate financing.

-As little as 5% down payment. No money down payment option available if the loan is combined with a community second mortgage.

-Debt to income ratio up to 50%

-Credit scores as low as 620

-One year’s tax return can be used to qualify at a higher income level

-Owner occupied 1-4 Units, condos, and PUDs

-For single family residences, there is no minimum borrower funds contribution (gift funds up to 100% are acceptable)

-Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply.

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