Most popular mortgage option. Best rates for good credit. As little as 3% down, no government red tape.
Conventional loans are the gold standard for a reason. No government insurance fees, no restrictive overlays, just a clean loan at the best rate your credit can earn.
Get Pre-Qualified →Strong credit gets you the lowest rates on the market. Typically beats FHA and VA loan pricing.
Unlike FHA's 1.75% upfront fee. Put down 20% and you pay zero PMI, now and forever.
3% for first-time buyers, 5% for repeat buyers. Or 20% to skip PMI entirely.
Higher limits in expensive markets. Perfect for move-up buyers purchasing a more valuable home.
Answer a few questions about your income, assets, and the home you want to buy. No hard credit pull yet, just a soft inquiry to see where you stand.
We run a full credit review and issue a pre-approval showing your exact maximum loan amount. Sellers and realtors take this seriously, it tells them your financing is real.
Shop with confidence knowing exactly what you can spend. When you find the right home, your pre-approval gives you a competitive edge in multiple-offer situations.
In-house underwriting means no third-party delays. We fund from our own capital so decisions happen fast, 21 days from application to keys in your hand.
"Conventional loan, 10% down on $445k house. Chase quoted us 6.25%, Bedrock Mortgage beat them by 0.375%. That's $118/month savings, $42k over 30 years. No PMI since we put down 10%. Closed in 18 days, super smooth."
"Had FHA at 6.5% with $287/month PMI. House appreciated, hit 20% equity. Refinanced to conventional at 6.0%, no PMI. Payment dropped from $2,640 to $2,210. Saving $430/month. Break-even was 10 months. Should've refinanced sooner."
"Investment property #1, conventional loan with 20% down. Bought for $365k, rents for $2,650. Tenant is paying down my mortgage. In 30 years I'll own an asset I only put $73k into. Already shopping for property #2."
Most lenders require a minimum credit score of 620 for conventional loans. However, the best rates are reserved for borrowers with scores of 740 or higher. If your score is below 620, consider an FHA loan which accepts scores as low as 580.
First-time buyers can put down as little as 3%, while repeat buyers typically need 5% minimum. Put down 20% or more to avoid PMI entirely and get the best rates.
PMI is required when you put down less than 20%. It automatically drops off once you reach 20% equity. You can also request removal once you hit 20% through payments or appreciation.