Conventional Home Loans

Known as the standard in loan programs, conventional loans are designed to help home buyers find their ideal mortgage plan with simplicity.

The Basics of Conventional Home Loans

What is a conventional loan?

Conventional home loans are those not guaranteed or insured by government agencies (like the Federal Housing Administration, the Department of Veterans Affairs, or the U.S. Department of Agriculture). Conventional mortgages are not guaranteed, so any required mortgage insurance is usually paid by the home buyer. Conventional home loans are those not guaranteed or insured by government agencies (like the Federal Housing Administration, the Department of Veterans Affairs, or the U.S. Department of Agriculture). Conventional mortgages are not guaranteed, so any required mortgage insurance is usually paid by the home buyer.

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Requirements for Approval

Conventional loans are approved to borrowers that meet certain criteria. Find out if you qualify.

Getting Started on Your Conventional Loan

Who is eligible for a conventional loan?

Conventional home loans are a great option for many people, especially those with a strong credit history, steady income, and a larger down payment amount. But you don’t have to check all those boxes to qualify for a conventional home loan! The great thing about conventional loans is that they often offer flexibility on the requirements based on your circumstances.

Start Your Journey Home

Finding the path to homeownership is simple with a loan expert from Cherry Creek Mortgage. We have loan officers across the nation ready to help you finance your home dreams.