Conventional
Home Loans

Fixed rates, flexible terms, and straightforward financing for your home purchase or refinance.

Three Program Options

Choose the conventional loan that fits your situation

Overview

Traditional fixed-rate mortgages with competitive rates and flexible terms. Lock in your rate for the life of the loan—no surprises, no rate adjustments.

Key Features

Down Payment
As low as 3%
Loan Limit
Up to $806,500
Rate Type
Fixed for 15-30 years
Prepayment Penalty
None

Program Highlights

Fixed interest rate—never changes
Gift funds allowed for down payment
Qualifying property types: SFR, condo, townhome, multifamily
PMI can be removed once you reach 20% equity
Ideal for primary residences and second homes

Quick Comparison

Compare features side-by-side

FeatureConventionalFHA*Jumbo
Down Payment3-20%3.5%10-20%
Credit Score620+580+700+
PMI RequiredYes (<20% down)YesVaries
Loan LimitUp to $806,500Up to $672,750Up to $5M
Property TypesAll residentialPrimary onlyPrimary & 2nd homes
* Impact Lending Pros LLC is licensed to originate conventional, FHA & jumbo loans for primary residences and second homes in CA only.

Is This Right for You?

Conventional loans work best for these situations

1

First-Time Buyers

Great credit, stable W-2 income, and ready to put 3-5% down.

2

Move-Up Buyers

Selling your current home and have equity for a larger down payment.

3

Refinancers

Looking to lower your rate, remove PMI, or access home equity.

Licensing Information

*Impact Lending Pros LLC is licensed to originate conventional, FHA & jumbo loans for primary residences and second homes in CA only.

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