Loan Options
Conventional Loans
A Solid Foundation for Homeownership
Conventional loans are the most common type of mortgage in the United States. Unlike government-backed loans like FHA or VA, conventional loans are offered by private lenders and are not insured by the government.
The Loan that's Right for You
As a Mortgage Broker, we can approve you for a conventional loan that isn't backed by a government entity. Momentum Mortgage Group LLC your Arizona Mortgage Broker has more flexibility to set terms and conditions that fit your financial situation. The eligibility requirements may vary based on your financial stability and history, but we will work with you to determine which loan is best for you. A conventional loan has the most advantages for borrowers who can put at least 20% down, have good credit, and a stable income.
- Credit scores to 620
- Down payment as low as 3%
- Flip properties eligible
- Multiple fixed rates and ARM products
- Mortgage insurance options: lender paid mortgage insurance
- Seller credit can cover an upfront mortgage insurance
- High balance loan limits available in designated areas
- Owner-occupied, second home or investment
Payment Calculator
Est. Monthly Payment
$1,816
Loan Amount
$280,000
Down Payment
$70,000
Total Interest
$373,787
Monthly P&I
$1,816
Ready to Get Started?
Apply online in minutes. Our team will guide you through every step.
Start Application(480)-236-6030
