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Carrollton Mortgage – Helping You Become a Happy Homeowner

First-Time Homebuyer? You’re in the Right Place.

What Is a Conventional Loan?

A conventional loan is a mortgage that isn’t backed by the government but meets the standards of Fannie Mae and Freddie Mac. These loans are ideal for borrowers with good credit and stable income.

Key Benefits:

Low interest rates for qualified borrowers

Flexible terms: 15- or 30-year, fixed or adjustable rates

Up to 97% financing (95% for high-balance loans)

No PMI with 20% down — and it can be removed once you reach 20% equity

Basic Requirements:

Minimum credit score: 620

Down payment: As low as 3%

Debt-to-income (DTI) ratio: Up to 45–50%

Loan amount must be within county loan limits

Who It’s For:

Buyers with good credit who want competitive rates

Homebuyers not needing to exceed county loan limits

Buyers looking for primary, secondary, or investment property loans

Other Options:

Don’t meet the guidelines? Alternatives like FHA, VA, or USDA loans may help you qualify for the home you want.

Want to learn more?

First-Time Homebuyers

Conventional

FHA Purchase

Investment

VA Loans

USDA Loans

Fixed Rate

Manufactured Homes

No Credit Score

Purchase with a Reverse

How We Help You Become a Happy Homeowner

Start the conversation – Call us at 888.730.5200

We'll work together to find the right loan for your goals

Enjoy life as a happy homeowner with stability and confidence

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Carrollton Mortgage Co. is licensed in California.  The intent of this website is only to advertise to those interested in financing real estate in California.