Ideal for individuals with strong credit scores.
Flexible Down Payments
Enjoy the freedom to choose your down payment amount, starting as low as 3%, making homeownership more accessible than ever.
Quick Approval Turnaround
Experience our expedited approval process, with an average approval time of just 21 days, ensuring you can secure your dream home without delays.
Exceptional Customer Support
Our 24/7 customer support team is dedicated to assisting you at every step, ensuring a smooth and stress-free homebuying experience.
Why HLRI for Conventional Loans?
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Minimum down payment for conventional loan options, starting at just 3%.
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Maximum loan limit of $726,200 for single-unit properties.
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No monthly mortgage insurance necessary with a down payment of 20% or more.
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Suitable for primary residences, secondary homes, and investment properties.
Calculate Your Home Loan Savings in the United States
Estimate your monthly payments, savings and easily calculate your potential mortgage costs with our simplified conventional loan calculator.
Qualifying Criteria for Your Conventional Home Loan
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Maintain a satisfactory credit score, often around 620 or higher.
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Prepare for a down payment, typically starting at 3% of the home's purchase price.
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Demonstrate stable employment and income to meet lender requirements.
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Keep your debt-to-income ratio within acceptable limits (usually around 43%).
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Budget for closing costs, typically ranging from 2% to 5% of the loan amount.
Conventional Home Loan Requirements for a Speedy Home Purchase
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Proof of Income
- Recent pay stubs covering the last 30 days.
- W-2 forms for the past two years.
- Federal tax returns for the past two years, including all schedules.
- If self-employed, additional documentation such as profit and loss statements and business tax returns may be required.
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Verification of your current employment, including contact information for your employer.
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Recent bank statements for all accounts, including savings and checking, for the past two to three months.
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A credit report will be pulled to assess your credit history.
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Birth certificate, passport, or other acceptable documents to confirm citizenship or eligible non-citizen status.
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Documents confirming your current address, such as utility bills or a driver's license.
Customer Stories
Sarah Johnson
Los Angeles, California
HLRI made my dream of homeownership a reality with their conventional loan types. The team's expertise and personalized guidance were invaluable. They ensured a smooth and efficient process, and I secured a competitive interest rate. I highly recommend HLRI for anyone seeking a trustworthy and efficient mortgage experience.
John Smith
Dallas, Texas
HLRI exceeded my expectations with an easy to navigate conventional loan application. Their dedication to customer satisfaction is evident from start to finish. Their team provided clear communication, competitive rates, and a hassle-free process. I am now a proud homeowner, thanks to HLRI's outstanding service.
Emily Martinez
Miami, Florida
HLRI is a game-changer in the mortgage industry. As a first-time homebuyer, I was apprehensive, but their expert team guided me through every step. They tailored a conventional loan that met my needs, and I secured a fantastic rate. HLRI's commitment to their clients is unmatched.
Michael Thompson
Chicago, Illinois
I am thrilled with the conventional loans I obtained through HLRI. Their professionalism, attention to detail, and competitive rates set them apart. They ensured a seamless experience from application to closing. I confidently recommend HLRI to anyone in need of a reliable mortgage provider.
Lisa Williams
Phoenix, Arizona
HLRI's conventional loan program was a lifeline for my family's homeownership aspirations. Their team's dedication to finding the best solutions and their transparent communication eased our worries. We secured a great interest rate and closed on our dream home thanks to HLRI's exceptional service.
David Brown
New York City, New York
HLRI's conventional loan expertise is unmatched. They simplified the complex mortgage process, ensuring I got the best deal possible. Their commitment to customer satisfaction is evident in every interaction. If you're seeking a trustworthy and efficient mortgage partner, look no further than HLRI.
