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.
Ready to explore conventional loans? Rick Jackson can walk you through eligibility, compare options, and get you pre-approved in Alabama and 5 more states.
Rick Jackson, Real Estate Broker @ AXEN Realty, LLC NE, MO, TN | Residential Mortgage & Commercial Loan Advisor, Senior Partner @ NEXA Mortgage, LLC (MLO NMLS 2459176: AL, CA, FL, KY, MO, TN) | National LO, RE & RELO Recruiter | at NEXA Lending. NMLS #2459176. Call (615) 840-5653.
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