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? 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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