Conventional Loans — flexible for strong credit
The most common loan in the U.S., built on Fannie Mae and Freddie Mac guidelines.
If your credit is solid and you have steady savings, a conventional loan is often the most cost-effective choice over time.
You can put as little as 3% down on some programs, and — importantly — you can drop PMI once you reach 20% equity, which FHA doesn't easily allow.
Who it's for
- Buyers with fair-to-good credit
- Buyers who want to avoid long-term mortgage insurance
- First-time buyers using programs like HomeReady or Home Possible
- Second-home or investment-property buyers
Key points
- As low as 3% down on some first-time-buyer programs
- PMI can be removed once you reach 20% equity
- Works for many property types: primary, second home, investment
- Great rates when your credit is strong
- No prepayment penalty for paying early
Terms depend on your credit score, DTI and down payment.
How working with me goes
Four clear steps. You always know where you stand and what happens next.
1. We talk
We discuss your goals, your income and what you have saved. No commitment and no credit check.
2. I review your file
I look at your real numbers and tell you which loan types you qualify for, with actual figures — not ballparks.
3. Pre-approval letter
You get a pre-approval letter so you can shop and make offers with confidence.
4. We close
I stay on it through closing day and walk you through every page you sign.
Ready to get started?
It takes a few minutes. No credit check to explore your options, and you get straight answers — in English or Vietnamese.
Exploring your options does NOT affect your credit score.