Conventional Mortgage

Why Conventional Mortgage Programs?

Conventional products provide a wide variety of home buying and refinancing options for well-qualified borrowers. Government products restrict lending to only primary residences, but Conventional Mortgage Programs allow borrowers to purchase primary residences, investment properties, second homes, vacation homes, and even multi-family properties. Contrary to popular opinion, perfect credit is not required for Conventional Mortgage Programs. With Just Funded Mortgage, borrowers can qualify for Conventional Mortgage Programs with credit scores as low as 620.

Many borrowers need flexible products with low-interest rates, flexible terms, and minimal down payments. Affordability is the key to many borrowers being able to buy homes or refinance. This is where Conventional Mortgage Programs are a great help. Just Funded Mortgage offers Conventional Mortgage Programs that meet these consumer needs.

"While FHA and other government loans can have certain property restrictions, a conventional mortgage can be used on nearly all property types."

Homebuyers love the low-down payment options that Conventional Mortgage Programs provide. At Just Funded Mortgage, we offer Conventional Mortgage Programs that allow borrowers to buy homes with low down payments. There are mortgage options with down payment requirements as low as 1%. Conventional Mortgage Programs offer some of the lowest down payments for well-qualified consumers.

Fixed & adjustable interest rates

Conventional Mortgage Programs offer either the security of a fixed interest rate or the lower possible payments through adjustable-rate mortgages. The choice is yours. At Just Funded Mortgage, we help you evaluate your budget and needs to select the best Conventional Mortgage Programs for your family. Nevertheless, fixed-rate mortgage options offer the greatest security for consumers in need of stable and predictable mortgage payments.

Minimal credit requirements

Conventional Mortgage Programs make homeownership accessible to more Americans. Just Funded Mortgage offers Conventional Mortgage Programs to consumers with credit scores as low as 620. Also, borrowers need not have a lot of established credit. Even self-employed borrowers may qualify after one year in business, instead of the 2-years typically required by most loans.

Special consideration for student loan debt

Today, many borrowers have student loan debt. When consumers take out student loans, they are given a set payment to pay after leaving school. However, most student loan providers offer Income Based Repayment (IBR) and will restructure the terms of repayment to meet the borrowers’ income levels. Unfortunately, FHA mortgage programs require that the greater of the regular student loan payment or 1% of the outstanding loan balance be used for qualifying for a mortgage.

This policy often makes it difficult for consumers with student loan debts to qualify for a mortgage. Nevertheless, some Conventional Mortgages allow borrowers to qualify using the payment they are actually required to make, even if they have $0 monthly payments. Conventional Mortgage Programs are a great option for consumers with student loan debt.


Conventional Mortgage Programs can also be used for new home construction, renovation projects, and financing investment properties, vacation homes, or homes for other family members. At Just Funded Mortgage we will help you find the best options to reach your goals.


Let us guide you through the process, so you can join the thousands of happy homeowners who trust Just Funded Mortgage.