Discover the key Conventional Loan Requirements to secure your dream home. Conventional loans typically require a credit score of 620 or higher, a stable income, and a down payment as low as 3% for qualified buyers. These loans offer competitive interest rates, flexible terms, and fewer restrictions compared to government-backed loans. Borrowers should maintain a low debt-to-income ratio and provide necessary documentation, including income verification and credit history. Ideal for those with strong financial standing, conventional loans help you achieve homeownership with customized lending solutions tailored to your needs.
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