Conventional
Loans
The Gold Standard of Home Financing
For many homebuyers in Swansboro and beyond, a Conventional Loan is the most popular path to homeownership. Unlike government-backed loans, these are originated and serviced by private lenders. Because Corey Riggs is a Super Broker, he can shop dozens of these private lenders to find the exact rate and term that fits your financial life.
Why Choose a
Conventional Loan?
Conventional loans are highly flexible and are often the best option if you have a strong credit history and a stable income.
Flexible Down Payments
You don’t always need 20% down. First-time buyers may qualify with as little as 3% down.
Flexible Down Payments
You don’t always need 20% down. First-time buyers may qualify with as little as 3% down.
Removable PMI
Unlike some government loans, once you reach 20% equity in your home, you can request to have Private Mortgage Insurance (PMI) removed, lowering your monthly payment.
Removable PMI
Unlike some government loans, once you reach 20% equity in your home, you can request to have Private Mortgage Insurance (PMI) removed, lowering your monthly payment.
Second Homes & Investments
Looking for a vacation rental on the Crystal Coast or an investment property in Florida? Conventional loans are the go-to vehicle for non-primary residences.
Second Homes & Investments
Looking for a vacation rental on the Crystal Coast or an investment property in Florida? Conventional loans are the go-to vehicle for non-primary residences.
Is This Loan
Right for You?
You are likely a great candidate for a Conventional Loan if:
You have a credit score of 620 or higher.
You have a manageable debt-to-income (DTI) ratio.
You are buying a primary home, second home, or investment property.
Corey's Tip:
“If you have the credit score, this is often the most affordable loan over the long term. Let me shop my network of lenders to beat the big banks on interest rates.”