Sylvia Carlson
Senior Loan Officer · NMLS #2345678
Fixed and adjustable-rate conventional mortgages starting at 3% down for qualifying buyers — the benchmark home loan product for buyers with strong credit profiles.
Today's CONVENTIONAL Rates — July 14, 2026
Conventional 30-Yr Fixed
6.000%
APR 6.106%
Conventional 15-Yr Fixed
5.375%
APR 5.524%
Rates subject to change. See Rate Assumptions
With strong credit and reasonable down payment, conventional financing delivers lower lifetime costs than government-backed alternatives.
Borrowers with 740+ credit scores and 20% down access the most competitive rates available. Conventional pricing rewards strong financial profiles more directly than any other loan type.
Fannie Mae HomeReady and Freddie Mac Home Possible programs allow as little as 3% down for qualifying buyers — with no income limits on most properties.
Unlike FHA MIP, conventional PMI is cancellable. Once your loan-to-value reaches 80% — through payments, appreciation, or improvements — PMI goes away automatically.
Choose from 15-year, 20-year, or 30-year fixed mortgages, or an adjustable-rate mortgage (5/1, 7/1, 10/1 ARM) if you plan to sell or refinance before the rate adjusts.
Conventional loans cover primary residences, second homes, and investment properties — the most versatile occupancy options of any standard loan program.
Unlike FHA, conventional loans have no upfront mortgage insurance premium. Your closing costs are more predictable and your loan balance stays lower from day one.
We guide you through product selection, pre-approval, and a smooth close.
Conventional pricing is credit-score sensitive. We run a tri-merge credit report and identify any quick optimizations before you lock a rate.
We model fixed vs. ARM and 15-year vs. 30-year side by side, with full payment and total-cost analysis over your planned holding period.
A DU or LP approval backed by your actual income and asset documents gives your offer the same credibility as cash in competitive markets.
Conventional loans typically close in 21–30 days. We keep you updated at every milestone so there are no surprises at the closing table.
Ready to get started? Talk to a licensed loan officer today — no obligation, no pressure.
Call (888) 659-0033Answer a few quick questions and our AI loan advisor will instantly generate a rate estimate tailored to your profile — no credit pull, no commitment, no spam.
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Questions we have not covered here? Call us at (888) 659-0033.
Conventional loans — conforming mortgages backed by Fannie Mae or Freddie Mac — are the most widely used home loan in America. They offer the greatest flexibility in property types, occupancy, and loan structures, and reward strong credit profiles with the best available rates. Freedomstar Financial originates conventional purchase and refinance loans across California, Colorado, Virginia, Georgia, Florida, and Texas. We price through multiple investor channels to ensure you always get the most competitive conventional rate your profile supports.
California's high home prices make conforming loan limits critical. High-cost counties in the Bay Area, Los Angeles, and San Diego allow conventional loans up to $1,209,750 — eliminating jumbo requirements for many buyers. Conventional ARMs are also popular with California buyers who rotate due to tech industry mobility.
Denver, Boulder, and mountain resort markets in Colorado benefit from elevated conforming limits and strong appreciation that helps buyers eliminate PMI faster. HomeReady and Home Possible are popular for first-time buyers in Colorado's urban markets.
Northern Virginia's proximity to Washington, D.C. means most jurisdictions carry high-cost conforming limits. Conventional loans are the workhorse product in markets like McLean, Arlington, Fairfax, and Loudoun County where high-earning professionals buy expensive primary and second homes.
Georgia's moderate home prices and strong job market make conventional loans highly accessible. Atlanta buyers with strong credit profiles benefit from lower rates and PMI removal timelines that work well with the city's consistent appreciation trends.
Conventional loans are the most popular product across Florida's major metros — Miami, Orlando, Tampa, and Jacksonville. Second-home and investment buyers throughout Florida rely on conventional financing since VA and FHA are limited to primary residences.
Texas offers some of the best conventional loan value in the country given its relatively affordable home prices and no state income tax. Buyers in Austin, Dallas, Houston, and San Antonio with 740+ credit scores consistently access rates near the bottom of the national pricing grid.
All rates are subject to change without notice. Rates shown are for illustrative purposes only and are based on a 740+ FICO score, primary residence, single-family home, and a 30-day rate lock. Conventional loans are subject to underwriting approval and conforming loan limit guidelines set by the FHFA. PMI required on loans with less than 20% down payment. NMLS #1439059.
