Skip to content

Conventional Loan

You’ve worked hard for a good credit rating. Here’s where it pays off. Conventional loans are a great option if you have good credit and enough money for a down payment. 

Get pre-qualified
Conventional Loan

What you need to know about conventional loans

A conventional mortgage is one of the most well-known options out there and can offer great rates to those who qualify. Gibraltar Mortgage has products that allow you to put down as little as 3%. The maximum loan limit for one-unit properties is $548,250, or $822,375 in high-cost areas. If you are looking for financing over that amount, you will want to consider a Jumbo loan. Be sure to check with your Loan Officer about your financial goals. 

If you have decent credit and a down payment, you can take advantage of some great options with a conventional loan. Find a loan officer near you to get started.
Popular Icon

One of the most popular home loans

Fixed and Adjustable Rate Icon

Many loan options available from 15 to 30-year terms and fixed or adjustable rates

No Private Mortgage Insurance Icon

No private mortgage insurance costs with 20% down payment

Private Lenders Icon

Down payment as low as 3% for those who qualify

Not Insured or Guaranteed Icon

If private mortgage insurance is required, it's typically less than an FHA loan

Get started with a loan officer today
Ready for your dream home? Us too, let’s get started!
Find your loan officer

Common conventional questions, answered.