Conventional loans are one of the most popular types of mortgage financing and for good reason. They’re flexible, widely available, and designed to support a variety of homeownership goals, whether you’re purchasing a primary residence, a second home, or an investment property.
At Sovereign Bank, we offer conventional loans with competitive fixed and adjustable rates, various term options, and local decision-making you can count on. With the potential to avoid private mortgage insurance (PMI) when you put down 20% or more, these loans offer affordability and control for financially prepared buyers.
Conventional loans are ideal for buyers with solid credit and income who are looking for straightforward, reliable financing. And because we process everything locally, you’ll get quick answers, expert guidance, and personal support at every step.
Key Benefits:
- Available for a wide range of property types
- Fixed and adjustable rate options
- May avoid PMI with a 20% down payment
- Flexible terms tailored to your needs
- Backed by local lenders who understand your market
Let’s Make It Happen.
Ready to get started? Apply today or speak with a Sovereign Bank mortgage expert to explore your conventional loan options.