Conventional Loans | Fannie Mae & Freddie Mac | GT Home Lending | NMLS# 2832362
Fannie Mae · Freddie Mac · Conforming & High-Balance · NMLS# 2832362

Conventional loans,
structured precisely.

W-2 income, bonuses, investment properties, second homes — conventional loans cover the full range. The difference is how your file is structured and presented to underwriting.

3%MINIMUM DOWN
$806K+HIGH-BALANCE LIMIT
1–4UNIT PROPERTIES
IDEAL FOR

Borrowers with solid income and the right structuring.

W-2 employees with complex or variable income
Buyers putting 5–20%+ down
Investors purchasing 1–4 unit properties
Second home and vacation property buyers
Borrowers in high-cost areas needing high-balance loans
See If You Qualify →
Licensed Mortgage Broker — Florida
NMLS# 2832362 · Alex Pinacho NMLS# 647053
Fannie Mae & Freddie Mac Approved
Bilingual EN/ES
Equal Housing Opportunity
Reviewed by Alex Pinacho, NMLS# 647053 · GT Home Lending Updated May 2026

Conventional doesn't mean
straightforward.

Most lenders process conventional loans the same way — drop the file in the system, hope it clears automated underwriting, and call you when it doesn't. When you have bonus income, rental income, multiple jobs, or an unusual employment history, that approach fails.

Alex structures each file before it goes to underwriting. That means documenting income the right way, choosing the right guidelines, and anticipating the conditions before they become problems. The loan type is conventional. The execution isn't.

"Other lenders kept conditioning my file. Alex got my bonus income counted correctly on the first try."

For investment properties, we access lenders who specialize in the rental income offset calculations that retail banks often get wrong — letting you qualify for your next property without your existing portfolio working against you.

01

Income analysis before application

Alex reviews your full income picture — base, variable, bonus, rental, self-employment — and calculates your qualifying income before anything goes to a lender.

02

Program selection: conforming or high-balance

Standard conforming limits apply in most counties; high-balance programs are available for higher-cost markets. We find the ceiling that works for your purchase price.

03

Lender match across 25+ wholesale partners

Different lenders handle the same file differently. We know which wholesale lender's guidelines favor your income type, property type, and credit profile.

04

Rate and term comparison

We present options across multiple lenders in plain terms — rate, APR, points, monthly payment, and closing costs. You compare and decide.

05

Close on schedule

Conventional loans typically close in 21–30 days. Proper up-front documentation prevents the last-minute conditions that blow timelines.

Built for a wider range
of borrowers than you think.

Conventional guidelines have expanded. If you've been told you don't qualify, a second opinion from a broker who knows the full program matrix may change that.

W-2 Employees

Salary, hourly, or variable pay — including bonus history, overtime, and commission income properly documented and averaged per guidelines.

Investment Property Buyers

Purchase or refinance of 1–4 unit investment properties. Rental income offset calculations handled correctly so your existing portfolio doesn't count against you.

Second Home Buyers

Vacation property or second home financing with primary residence existing. We document the occupancy correctly to avoid investment property pricing.

High-Balance Borrowers

Loan amounts above the standard conforming limit in qualifying counties. High-balance programs with conventional pricing — no jumbo overlay required.

First-Time Homebuyers

Conventional loans with as little as 3% down via HomeReady and Home Possible programs — often with better pricing than FHA once credit is strong.

Refinancing Homeowners

Rate-and-term refinance, cash-out refinance, and PMI removal refinances for existing homeowners with sufficient equity.

What to expect.

Loan Limits

  • Standard conforming: up to $806,500 (2026)
  • High-balance: up to $1,209,750 in qualifying areas
  • Limits vary by county — ask for your area

Down Payment

  • Primary: 3–5% minimum (HomeReady/Home Possible)
  • Second home: 10% minimum
  • Investment property: 15–25% depending on units

Credit Requirements

  • Minimum 620 for most programs
  • Best pricing typically at 740+
  • PMI required below 20% down (removable at 80% LTV)

Income Types Accepted

  • W-2 salary and hourly
  • Bonus and overtime (2-year history)
  • Commission income (2-year history)
  • Rental income (with leases or tax returns)

Property Types

  • Single-family residence
  • 2–4 unit properties
  • Condos and townhomes (warrantable)
  • Manufactured housing (select programs)

Reserves

  • Primary: 0–2 months typically
  • Second home: 2 months
  • Investment: 6 months per financed property

Loan limits and guidelines are subject to change. All loans subject to underwriting and lender approval. Not a commitment to lend.

Frequently Asked Questions

What is the conforming loan limit for 2026?
The standard conforming loan limit for 2026 is $806,500 in most markets. High-cost counties may have higher limits. Contact your loan originator for current limits in your target area.
What credit score do I need for a conventional loan?
Most conventional loan programs require a minimum 620 credit score, though better pricing is generally available at 740+. Actual requirements vary by lender and program.
Is private mortgage insurance (PMI) required?
PMI is typically required when the loan-to-value (LTV) ratio exceeds 80%. PMI can often be removed once you've built sufficient equity. Specific requirements are subject to lender guidelines.

Have questions about this program?

Alex reviews every file personally. Schedule a call and get direct answers.

Schedule a Strategy Call →

The right structure
makes the difference.

Book a strategy call and Alex will review your income, credit, and property profile — then tell you exactly which conventional program and which lender fits.