Are you a first time home buyer interested in buying a house using a conventional loan? This first time buyer guide will breakdown the Conventional Loan Requirements to give you everything you need to know about qualifying with a Conventional Loan in the 2025 Housing Market.
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âś… – Work Directly with My Team – https://workwithourteam.net/conventionalloan2025
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⏩Conventional Loan Requirements – https://youtu.be/UNQOAuQwjPI
⏩USDA Loan Requirements 2024 – https://youtu.be/PHimtCNdJyo
⏩Conventional Loan Requirements 2023 – https://youtu.be/6vJHSjIlcL4
Time Stamps 👇
0:00 – Intro
0:24 – What Is A Conventional Loan?
1:00 – What are the Income And Employment Guidelines For A Conventional Loan?
2:41 – What’s the minimum and maximum income requirements for Conventional?
3:28 – What are the Credit Score Requirements for Conventional Loans?
4:46 – What are the Down Payment Requirements for Conventional Loans?
6:08 – What are the mortgage insurance requirements?
6:50 – How Do You Get Mortgage Insurance Removed?
8:00 – Conventional Loan Limits for 2025
9:23 – How Does A Lender Calculate Your Debt To Income Ratio?
14:41 – What Documents Are Required For A Pre-Approval?
15:48 – What Loan Program Has The Best Interest Rates?
16:11 – What Are The Benefits Of A Conventional Loan?
16:55 – What Type Of Properties Can You Buy With A Conventional Loan?
17:13 – How Much Are Closing Costs With A Conventional Loan?
18:00 – When Should You Start The Pre-Approval Process?
Loan limit for standard and high balance conforming:
1 unit – $806,500 / $1,209,750
2 units -$1,032,650 / $1,548,975
3 units – $1,248,150 / $1,872,225
4 units – $1,551,250 / $2,326,875
Check the loan limits in your area:
https://singlefamily.fanniemae.com/media/document/xlsx/loan-limit-look-table
Jeb Smith
DRE 01407449
Real Broker
#HousingMarket2025 #RealEstate #FHA
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