Conventional Loans
Conventional loans are the most common mortgage option for homebuyers with solid credit and a stable income. They offer competitive interest rates, flexible terms from 10 to 30 years, and require as little as 3% down for qualified borrowers.
Conventional Loans in Florida — 2026 Buyer Guide
Conventional mortgages are widely used for primary homes, second homes, and qualifying investment properties. They are not insured by FHA or guaranteed by VA, and pricing depends on the borrower, property, loan-to-value, term, and market conditions.
Requirements at a Glance
Key Benefits
- ✓Broad program availability for many common home-purchase scenarios
- ✓Fixed- and adjustable-rate options may be available
- ✓Mortgage insurance can often be removed when applicable requirements are met
- ✓Can support primary, second-home, and qualifying investment-property financing
- ✓Multiple term and down-payment structures may be available
How to Apply — Step by Step
Review your goals
Discuss purchase price, property use, down payment, timeline, and monthly-payment goals.
Compare qualifying programs
A loan officer can compare conventional options with FHA, VA, USDA, jumbo, or other programs when relevant.
Document the application
Provide the income, asset, credit, and property information required for the selected program.
Complete underwriting and appraisal
The lender reviews the file and any required property valuation before final approval.
Review final terms and close
Review the final disclosures and closing figures before signing.
Who Qualifies?
Conventional eligibility is determined by the applicable automated or manual underwriting rules and the complete borrower/property profile. Credit, debt-to-income ratio, reserves, down payment, occupancy, and property type can all affect the options available.
Compare total cost, not just the advertised interest rate. Points, lender credits, mortgage insurance, loan term, and expected time in the property can materially change which option is the best fit.
Compare Conventional Mortgage Options
Pre-qualify in minutes. No credit check to start. No obligation.
Florida Market Insight
Florida's growing housing market makes conventional loans an attractive choice for buyers seeking predictable monthly payments. With strong property appreciation across the state, locking in a conventional rate now positions borrowers for long-term equity growth.
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Conventional Loans by Location
Conventional Loans Payment Calculator
Estimated Monthly Payment
$1,816.07
Loan amount: $280,000 · 30-year term at 6.75%
Get a Free Conventional Quote
No obligation. A loan officer can review your scenario and explain available options.
Your information is sent securely to Beacon Mortgage for follow-up.
Frequently Asked Questions
- What is a Conventional loan?
- Conventional loans are the most common mortgage option for homebuyers with solid credit and a stable income. They offer competitive interest rates, flexible terms from 10 to 30 years, and require as little as 3% down for qualified borrowers.
- How do I qualify for a Conventional loan in Florida?
- Qualification depends on credit score, income, debt-to-income ratio, and the specific Conventional program requirements. Contact Beacon Mortgage for a free pre-qualification with no impact to your credit score.
- What is the Florida market like for Conventional Loans?
- Florida's growing housing market makes conventional loans an attractive choice for buyers seeking predictable monthly payments. With strong property appreciation across the state, locking in a conventional rate now positions borrowers for long-term equity growth.
- Where does Beacon Mortgage offer Conventional Loans?
- Beacon Mortgage offers Conventional Loans in Orlando, Miami, Tampa, Jacksonville, Fort Lauderdale, Winter Garden, and 25+ additional Florida cities. Click any city below to see local market data.