If you’re shopping for a home and feeling overwhelmed by all the mortgage choices, let’s simplify one of the most common — and often misunderstood — options: the Conventional Loan.

Why So Many Buyers Choose Conventional

• ✅ Lower overall costs compared to FHA or government-backed loans.

• ✅ Down payments as low as 3% for qualified buyers.

• ✅ No upfront mortgage insurance fees, which can save thousands at closing.

• ✅ PMI can be removed once you hit 20% equity — unlike FHA loans where mortgage insurance usually sticks around for the life of the loan.

Who It’s Best For

Conventional loans work best if you have:

• Good credit (typically 620+ FICO)

• Stable income and employment history

• Low-to-moderate debt compared to your income

If this sounds like you, a conventional mortgage could mean lower long-term costs and more flexibility as you build equity.

The Part Most Buyers Miss

Even though it’s called “conventional,” lenders can price these loans very differently. Interest rates, fees, and PMI costs can vary from one lender to the next — and those differences can add up to thousands of dollars over the life of the loan.

That’s why it’s smart to shop and compare before locking in a conventional loan. When we work with clients, we do this heavy lifting for them to make sure they’re getting the best deal available.

Bottom line: If you’ve got good credit and a solid financial picture, a conventional loan could save you money compared to other mortgage types — but choosing the right lender matters just as much.

👉 Ready to explore your options? Visit kimberlycampistaloanofficer.com or email [email protected] to schedule a free consultation.

Disclaimer: Program availability, terms, and requirements vary. Not a commitment to lend. Subject to credit approval and underwriting guidelines.