Mortgage Program

Conventional Loans

Flexible Home Financing Options with Competitive Rates

Discover the Flexibility of Conventional Loans with Pied Piper Mortgage

Conventional loans are a popular choice for homebuyers who have strong credit and a stable income. Unlike government-backed loans, conventional loans are offered by private lenders and can provide more flexibility and lower costs for qualified borrowers. Whether you’re purchasing a new home or refinancing an existing mortgage, conventional loans can be tailored to fit your financial goals.


You know the home you want. We make it happen for your need.

Competitive Interest Rates

Enjoy lower interest rates compared to other loan types.

Flexible Terms

Choose from a variety of loan terms to suit your financial goals, including 10, 15, 20, or 30 years.

Low Down Payment Options:

Some conventional loans require as little as 3% down.

No Private Mortgage Insurance (PMI):

Avoid PMI if you make a down payment of 20% or more.

Why Choose Conventional Loan?

Buying a home can be overwhelming. We Provide you a solution!

Conventional loans can be more cost-effective in the long run, especially for borrowers with good credit and a substantial down payment.

With a variety of loan terms and down payment options, conventional loans can be customized to fit your financial situation and homeownership goals.

Avoid the added cost of private mortgage insurance (PMI) by putting down at least 20%.


Pied Piper Mortgage has a simple online process for loan Applications

Expert Guidance

Our experienced team provides personalized support throughout the mortgage process, ensuring you find the best loan options tailored to your needs.

Streamlined Process

We simplify the loan application and approval process, helping you secure financing quickly and efficiently.

Extensive Network

Our extensive network and resources ensure you get the best rates and terms available in the market.

Got Questions About Conventional Loan?

A conventional loan is a type of mortgage that is not backed by the federal government. It can be conforming (meeting the guidelines set by Fannie Mae and Freddie Mac) or non-conforming (such as jumbo loans).

Typically, borrowers with a credit score of 620 or higher, a stable income, and a down payment of at least 3% can qualify for a conventional loan.

Conventional loans often offer more flexible terms, lower interest rates for well-qualified borrowers, and fewer restrictions compared to government-backed loans.

Mortgage insurance is required if your down payment is less than 20%. However, once you reach 20% equity in your home, you can request to cancel the PMI.

The maximum loan amount for a conventional loan varies by county and is set annually by the Federal Housing Finance Agency. In most areas, the limit is $726,200, but it can be higher in high-cost areas.

Yes, conventional loans can be used to purchase primary residences, second homes, and investment properties.

Closing costs typically range from 2% to 5% of the loan amount and can include origination fees, appraisal fees, title insurance, and other related expenses.

The closing process for a conventional loan typically takes 30 to 45 days, but it can vary depending on the complexity of the loan and the lender’s efficiency.


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