Conventional Loan Programs

About Conventional Loans

Mutual of Omaha Mortgage offers conventional loan programs to well-qualified borrowers. Conventional loans have terms and conditions that follow the guidelines set forth by Fannie Mae and Freddie Mac.

With favorable rates and terms, conventional loans have been a popular choice for homebuyers. If clients are able to meet the down payment, income and credit requirements, conventional loans typically offer more flexibility and a wider array of loan programs and terms. And Mutual of Omaha Mortgage offers fixed-rate and adjustable rate conventional mortgages to meet the lending needs of your clients.

Conventional Loan Features

  • 3% Minimum down payment
  • FICO requirements:
    • No minimum – Approved AUS Findings
    • Manual UWs not allowed
  • PMI required on all loans over 80% LTV
  • 10, 15, 20, 25 and 30 year loan terms available
  • 1-4 unit primary residences, condos, PUDs, second homes or investment properties
  • 2/1 and 1/0 buydown available

Partner with a team that puts you first.

Have Questions or a Scenario?

Give us a call at 1-844-426-0283 (we actually pick up the phone).