FOR HOME BUYERS
Conventional Loan: Stability & Long-Term Savings
Conventional loans are the most common mortgage type in the U.S., offering a variety of terms and options for homebuyers who meet typical credit and income standards. With competitive rates, flexible down payment choices, and long-term savings, conventional mortgages are a great fit for buyers seeking stability and equity growth.
A home loan that makes home more affordable.
Flexible Down Payments
Options as low as 3% down for first-time buyers.
Lower Mortgage Insurance Costs
PMI can be canceled once you reach 20% equity.
Competitive Rates
Ideal for borrowers with strong credit.
Vertasile Use
Can be used for primary residences, second homes, or investment properties.
What our Clients Say
Elias Kendra
3 weeks ago
The pre-approval process for my home search in Bloomfield Hills was fast and organized. Samantha answered all my questions and helped me feel confident moving forward.
Jason Onwenu
3 weeks ago
Align Lending helped make purchasing my home in Madison Heights a smooth experience. I appreciated the regular updates and clear explanations along the way.
Riley Lennon
3 weeks ago
I highly recommend Align Lending to anyone looking for a mortgage broker in Southeast Michigan. The team was knowledgeable, responsive, and easy to work with.
Peter Rosa
3 weeks ago
As a first-time homebuyer in Ferndale, I was unsure of some things. Samantha was awesome. She was extremely helpful and made sure I understood every part of the process.
Joey Lewand
3 weeks ago
Samantha was extremely helpful during my home loan process in Novi. Communication was quick, the instructions were clear, and everything stayed on track through closing.
Michael
1 month ago
Want to shout out Samantha for the expert guidance, made my first-time homebuyer experience seamless! It exceeded expectations and was a stress free process throughout. Grateful for all your help and loving my new home in Bloomfield Hills!
Michael Hirschfield
2 months ago
Samantha Shelton was absolutely amazing! She far exceeded any expectations we had. Samantha was our biggest cheerleader throughout the entire home buying process! It literally felt like my best friend was helping us navigate and cheering us on from start to finish. I would recommend her and the team to anyone; you will be in THE best hands. She is so knowledgeable and kind. This was the best, easiest and least stressful mortgage process ever.
Abdul Haidous
7 months ago
can’t say enough good things about my experience with Samantha Shelton . She took the time to explain every step of the process, answered all my questions promptly, and made sure everything stayed on track. Her professionalism, honesty, and dedication truly stood out. I would recommend her 100% to anyone buying or refinancing a home. My refinance loan was submitted, approved and clear to close the same day, that’s unheard of in the industry. What a rock star !
Dylan Friday
7 months ago
As a first-time homebuyer in Troy, I was nervous about getting my FHA loan. I went to Samantha Shelton at Align Lending and the experience was nothing short of amazing! Her expertise and fast service made everything so easy. I will definitely be going back to her, and I recommend her if you are looking for a fast and easy mortgage experience!
Jeffery Holley`
7 months ago
Samantha Shelton is amazing!! She helped me get into my first home in Ferndale. The closing process was easy I was able to take care of everything without taking a day off of work. Being a first time homebuyer was stressful but she provided clear communication and true experience guidance throughout the entire process
Kayla P
1 year ago
If I could recommend Sam a million times I would. She made the process of buying our first home effortless. I’m grateful to have had her as our broker and even recommended a wonderful realtor as well!
Response from the owner
Thank you, Kayla P., for your fantastic review! We’re thrilled to hear that Sam made your first home buying experience so effortless. It’s wonderful to know she could also assist you with a great realtor! We appreciate your recommendations and are here for any future mortgage needs.Thank you for allowing us the opportunity to Align your dream of homeownership! 1 year ago
Benjamin Shafer
1 year ago
Samantha is a rockstar! She provided expert help and guided me through the loan process in terms that were easy to understand and made the whole experience painless!
Response from the owner
Thank you, Benjamin Shafer, for your fantastic review! We’re delighted to hear that Samantha made your loan process seamless and easy to understand. Our team is here for any future mortgage needs, and we appreciate you sharing your experience with others!Thank you for allowing us the opportunity to Align your dream of homeownership! 1 year ago
Sarah D
1 year ago
Kevin was great! Very helpful, knowledgeable and communicative throughout my refinance.
Ben Davis
2 years ago
Taylor is the best. She's so sweet and has great rates. If you need a skilled loan officer, she's the one to talk to.
Response from the owner
Thank you for your kind words, Ben! We're thrilled to hear that Taylor made such a positive impact on your experience. We'll be sure to pass along your compliments to her!2 years ago
Mark K
2 years ago
Everyone at Align knows what they’re doing. Ryan took the time to answer every question I had, and overall made the process as a first time home buyer stress-free.
Response from the owner
Thank you for your wonderful review, Mark! We're thrilled to hear that Ryan was able to assist you and make your experience stress-free. Your satisfaction as a first-time home buyer is our top priority. We appreciate your feedback and look forward to helping you again in the future!2 years ago
Travis Krakowski
2 years ago
Travis and the team at Align Lending are hands down the best mortgage option for anyone looking to buy or refinance. Travis spent as much time as it took to be sure I was in the best spot to buy a house and stuck with me through it all. I am so proud of my home and none of it would have been possible without Travis.
Realnvest Academy
2 years ago
Very professional and knowledgeable, highly recommend for your lending needs!
Justin Barton
2 years ago
Can’t say enough great things about Samantha and her team at Align Lending! Highly recommend
Jamie
2 years ago
Samantha is a rockstar. We had an unusual situation with our lending and she went above and beyond to help us get our mortgage approved. I truly feel that if we had worked with any other lender or broker, we would not have been able to close on time, or maybe at all. I am beyond happy with the work Samantha did for us and how she handled the entire process. I cannot say enough good things about the work she did for me and my husband. I will be recommending Align Lending and Samantha to anyone that needs a lender.
matthew sykora
2 years ago
Just bought my first home and Ryan Greiner made the mortgage process incredibly quick and easy to understand. He worked hand in hand with my realtor and made sure everything I needed was ready when it had to be. Definitely reccomend Align Lending and Ryan both!
The Pettifords
3 years ago
As first time homebuyers we made sure to do our research before choosing a mortgage broker. We decided to go with Align Lending and could not have made a better choice. We worked with Samantha and she made the entire process smooth and easy. The customer service was top notch! The professional, yet caring approach was just what we were looking. We highly recommend Align Lending!
Shawna Schink
3 years ago
Samantha was absolutely wonderful to work with when we purchased our new home last month. She made herself available day and night for us and was always able to quickly respond to our questions. She made the entire process so comfortable and easy. 10/10 would highly recommend!!
Angela Hunt
3 years ago
Samantha and align lending are always a pleasure to work with. I recommend my clients here and they always are quick to help, knowledgeable and make the process as smooth as possible. We will definitely keep using them for our mortgage needs in the future.
Guidelines for this Loan
If your details are close to these guidelines, we encourage you to apply or contact us. Even if you don’t qualify for an adjustable-rate mortgage, we could have other options for you.
Closing Costs
In addition to your down payment, you’ll need enough funds to cover closing costs.
Estimate and Explore
Calculators are a great way to learn and see what’s possible.
Down Payment Calculator
Learn how much cash you need to buy the home in your mind.
Get More In-Depth Details
Articles that give you more information about this loan and explain how mortgages work.
Discover how to save for a down payment to secure your mortgage and home purchase. Start saving now!...
Discover how to negotiate house prices to save on your mortgage and get the best deal. Start now!...
Get expert tips for first-time home buyers in 2025, from mortgages to home search. Start your journey now!...
Frequently Asked Questions
Answers to questions about this loan we heard from people like you during research.
Whats the difference between a Conventional and VA loan
FHA loans are government-backed with easier qualifications, but they require mortgage insurance for the life of the loan. Conventional loans offer more flexibility with insurance and better long-term cost savings for well-qualified borrowers.
When Does PMI Go Away?
Private mortgage insurance (PMI) is automatically canceled once you reach 78% loan-to-value (LTV) or can be requested once you reach 80% LTV based on home appreciation or payments.
Can I Use Gift Funds with a Conventional Loan?
Yes. You can use gift funds for your down payment and closing costs, though restrictions may apply depending on the property type and loan structure.
Are There Income Limits?
Not for standard conventional loans. However, some low down payment programs like HomeReady® and Home Possible® have income limits.
Can I Use This Loan for a Second Home?
Absolutely. Conventional loans are one of the best options for vacation or investment properties.
