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Conventional Home Loans

Conventional Home Loan Highlights

You don't need 20% down for conventional financing at Leaders.


Down Payment Options

Many believe conventional loans require 20% down. At Leaders conventional mortgage down payment options actually start as low as 3% or 5%.

Down Payment Source

Another misconception is that the down payment must come from your savings. Actually, it can come from many sources, including a family gift, retirement account(s), and an equity loan on other property.

Faster Loan Processing

Once in the process of closing your home, speed becomes important. Conventional mortgages typically present less hurdles and can be closed quickly.

Less Mortgage Insurance

Mortgage insurance can be avoided on 20% down conventional loans. Fortunately, smaller down payment conventional mortgages typically require less monthly mortgage insurance than government programs like FHA.


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35 Stonebridge Blvd | Jackson