Conventional Loans The Flexible Choice

Timothy Lynn, Loan Officer at Milestone Mortgage Solutions LLC

Timothy Lynn, Loan Officer

Milestone Mortgage Solutions LLC

Phone: (774) 246-6356

Email: [email protected]

NMLS# 1085312

Company NMLS# 1815656

Licensed in: MA, RI, CT, FL, NH, VT, OH, WV, VA, NC, MS, AL, TX, PA, OK, KS, MO, IA, WI, MN, ND, SD, CO, UT, NV, WA, VI, IN, IL, ME, AZ, WY

Timothy Lynn | Loan Officer | NMLS: 1085312 | Milestone Mortgage Solutions, LLC | NMLS #1815656 | 128 Union Street, Suite 101, New Bedford, MA 02740 | Licensed/registered in Connecticut | Illinois License# 031.0094211 | Indiana | Maine | Rhode Island — Rhode Island Licensed Loan Broker, Licensed Lender. Milestone Mortgage Solutions, LLC is also federally registered. For additional license/registration information, visit www.milestonemortgagesolutions.com/legal and www.nmlsconsumeraccess.org. For information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. For additional information, visit www.milestonemortgagesolutions.com.

Conventional Loans

Conventional Loans The Flexible Choice

What Are Conventional Loans?

Quick Qualification Check

Conventional Loan Requirements

Credit Score

Down Payment

Debt-to-Income Ratios

2026 Conventional Loan Limits

Baseline (Most U.S. Areas)

High-Cost Areas

Alaska, Hawaii, Guam & USVI

Private Mortgage Insurance (PMI)

When PMI Is Required

PMI Removal Options

Frequently Asked Questions

Ready to Get Started?

REALTORS

LOAN PROGRAMS

The most popular home financing option in America. Flexible terms, competitive rates, and the traditional mortgage solution trusted by millions of borrowers.

Conventional loans are traditional mortgages not backed by government agencies like FHA, VA, or USDA. They offer the most flexibility and are ideal for borrowers with good credit and stable income. As the backbone of American home financing, they represent over 75% of all mortgage originations.

Traditional financing with flexible terms and competitive rates.

Conventional loans offer flexibility with competitive requirements for qualified borrowers.

Lower DTI ratios typically qualify for better interest rates and terms.

Understanding loan limits helps determine which conventional loan type fits your purchase price and property type.

Understanding PMI helps you make informed decisions about down payments and monthly costs.

Get answers to common questions about conventional loans

Explore your conventional loan options and find the perfect financing solution for your home.

Giving you financial power.

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Contact

NMLS#

Company NMLS#

128 Union Street, Suite 101, New Bedford, MA 02740

Office (508) 356-5262