Conventional Home Loans
A Conventional Mortgage is the standard by which all other mortgage loans are measured. Explore 15 to 30-year fixed-rate and adjustable options in Las Vegas.
Down Payment
3% - 5%
Min Credit Score
620+
Mortgage Insurance
Only if down payment is under 20%
Program Overview
Conventional loans are mortgage loans not insured or guaranteed by the federal government. They conform to guidelines set by Fannie Mae and Freddie Mac and are available with fixed or adjustable interest rates across Nevada.
Key Benefits
- Down payments as low as 3% for qualified first-time buyers
- PMI automatically cancels once you reach 20% home equity
- Flexible loan terms (10, 15, 20, 25, or 30 years)
- Available for primary residences, second vacation homes, and investment properties
Qualifications
- Credit score of 620 or higher (740+ gets optimal pricing)
- Debt-to-income ratio up to 45% (sometimes 50% with compensating factors)
- Proof of steady income and asset reserves
- Property appraisal meeting Fannie/Freddie guidelines
Other Loan Programs
Cash-Out Refinance
Access your home's equity with a cash-out refinance in Las Vegas, Henderson, and throughout Nevada.
FHA Home Loans
FHA loan services help people with lower credit scores and limited savings become homeowners in Las Vegas.
First-Time Homebuyer Loans
Guidance and financing options for first-time homebuyers in Las Vegas, Henderson, and Clark County.
Home Loan Consultation
Personalized mortgage consultations for homebuyers, homeowners, and real estate investors.
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