Conventional Mortgage Loan

Flexible Financing for Your Home

A Conventional Mortgage Loan is ideal for buyers with good credit and some savings for a down payment. Whether it’s your first home or your next investment, we offer flexible terms, great rates, and expert support to help make it happen.

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Explore Your Conventional Loan Options

See How Much Home You Can Afford

Use our mortgage calculator to estimate your monthly payments based on home price, loan amount, interest rate, and term. It’s the best way to start your home search with confidence.

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Check Today’s Conventional Mortgage Rates

Our Conventional Mortgage rates are competitive and flexible. We’ll match you with a term and rate based on your credit, income, and down payment.

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With these tools, you can explore home financing confidently, on your terms.

Apply for a Conventional Mortgage Online

Apply online for a Conventional Mortgage and get pre-approved fast—so you can shop with confidence and make your move when the time is right.

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What Can a Conventional Loan Be Used For?

We finance a wide variety of homeownership needs, including:

Primary Residences
Second Homes
Investment Properties (1–4 units)

Depending on your situation, sellers may also be able to contribute to closing costs—up to 3%, 6%, or even 9% based on your down payment amount.

Frequently Asked Questions

Can I buy a home with less than 20% down?

Yes. We finance up to 95% of the purchase price—or 97% through our Home Possible Program.

Are seller contributions allowed?

Yes. Sellers can contribute up to 3%, 6%, or 9% toward closing costs depending on your down payment.

What are the benefits of a conventional loan?

You’ll get flexible terms, quicker closings, and more property options—without the extra fees required by government-backed loans.

Why Choose First Source for Your Mortgage?

We’ve helped thousands of members become homeowners, with:

Local Expertise

Lending decisions made by people who know your community.
Straightforward Process

We make the mortgage process feel manageable, not overwhelming.
Resources to Help You Plan Smarter

We equip you to make informed, confident decisions.

We simplify the mortgage process—so you can focus on finding the right home.

Happy homeowners settling into a new home

Live Smarter

Looking for a smarter path to homeownership? Let’s make it happen together.

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Interested In Learning More?

To see what other types of mortgages we have available, along with our specialized mortgage programs, visit our Mortgage overview page.

Loan rates and terms are determined by overall credit history and are subject to change without notice. Applications are subject to credit approval. Membership eligibility required.