Mortgage Loan Programs and Eligibility Requirements

A comparison of available loan programs - conventional, FHA, VA, USDA, jumbo, HELOC and specialty financing - with the credit, down payment and property rules that decide which one fits.

With 20% down, conventional borrowers avoid private mortgage insurance entirely — and when PMI is required, it automatically ends once sufficient equity is reached.

Benefits of a conventional loan

What to consider

Ready to explore conventional loans? Cliff Dees can walk you through eligibility, compare options, and get you pre-approved in Alabama and 3 more states.

Cliff Dees, Mortgage Loan Originator at NEXA Lending. NMLS #2097688. Call (305) 298-4753.

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