Conventional loans with 3% down and PMI you can drop
The most popular loan in Utah for buyers with solid credit. We shop conventional pricing across wholesale lenders so you get a sharper rate than a single bank can offer.
- As little as 3% down for qualifying first-time buyers
- PMI can be removed as you build equity
- Primary homes, second homes and investment properties
Real numbers. Straight answers. No pressure.
Tell us a little about your goals. Nelson will reach out the same business day with options from dozens of wholesale lenders.
See if you qualify: free, no commitment.
No pressure. Nelson will give you a straight answer about whether this works for your situation.
When conventional is the right call
Conventional loans follow Fannie Mae and Freddie Mac guidelines. They reward strong credit with better pricing, and unlike FHA, mortgage insurance isn't permanent: it can be removed once you reach enough equity.
With 20% down there's no mortgage insurance at all. With less, we'll compare the PMI cost against FHA to find your lowest total payment.
This is a good fit if you…
- Have a credit score around 680 or higher
- Can put 3–20% down
- Want mortgage insurance you can remove
- Are buying a primary, second or investment home
Conventional loan benefits
Better pricing for strong credit
Higher scores and larger down payments earn lower rates.
Removable PMI
Request removal at 20% equity; it ends automatically at 22% based on the original value.
Flexible property types
Single-family, townhomes, condos, second homes and rentals.
Buyers keep coming back
Nelson and Danna did an outstanding job processing everything for my VA loan. They were very quick and responsive, and everything went much quicker than I expected. I was very happy with the rate and fees they were able to get for me.
This is the 2nd time we have worked with them to buy a house… They helped us to ensure that we configured our mortgage the best way possible for our needs. They were in constant contact with us to make adjustments to get us the best deal possible.
I could not have been happier with my experience! Nelson and Danna went way above and beyond… you will get an incredible attention to detail, but most of all you will feel like you're talking to your friends.
Questions we hear often
What's the minimum down payment?
As little as 3% for qualifying first-time buyers, otherwise typically 5%.
When does PMI go away?
You can request removal at 20% equity, and it ends automatically at 22% based on the original value, if payments are current.
Conventional or FHA: which is cheaper?
With higher credit scores, conventional usually wins. With lower scores, FHA can be cheaper. We'll run both.
Ready to see what you qualify for?
Talk with Nelson for 15 minutes. You'll leave with real numbers and a clear plan.