Conventional loans

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Standard conventional loan
  • Minimum down payment 10%
  • Credit score 620+
  • Max loan $832,750
    (Single home in contiguous states, D.C., & Puerto Rico)
  • Or $1,249,125
    (Single home in Alaska, Guam, Hawaii, & U.S. Virgin Islands)
  • Purchase or rate & term refinance
  • Verification of income to meet minimum debt to income requirements and/or automated underwriting approval
Cash-out conventional loan
  • Max loan to value 80%
  • Credit score 620+
  • Max loan $832,750
    (Single home in contiguous states, D.C., & Puerto Rico)
  • Or $1,249,125
    (Single home in Alaska, Guam, Hawaii, & U.S. Virgin Islands)
  • Cash-out refinance
  • Verification of income to meet minimum debt to income requirements and/or automated underwriting approval
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