Utah & California Conventional Loan

Take Advantage of Low Interest Rates with More Flexibility with a Conventional Mortgage!

What is a Conventional Mortgage?

Conventional loans are home loans that are not issued or guaranteed by the government, or is not a part of a specific government program. Conventional loans are issued by private lenders, backed by Fannie Mae and Freddie Mac, the two entities which comprise the Federal Housing Finance Agency (FHFA).

These loans adhere to the guidelines set by Fannie Mae and Freddie Mac. They may have either fixed or adjustable rates. Conventional loans can be used for primary residences, second homes, and investment properties. Conventional loans have occupancy stats requirements, loan to value requirements, and credit score requirements.

More than half of all new mortgage loans are conventional loans. As of 2022, loan amounts $647,200 or lower are considered conforming. Some high-cost counties are higher. See my state county list for Utah and California by going to the Utah Conforming loan limits or California Conforming loan limits pages.

*Loan terms and limits subject to change. This page is meant for educational purposes is not a commitment to lend. To qualify for a conventional mortgage loan, please speak to Scott Buehler or apply online.

Why Choose a Conventional Home Loan?

  • Low down payment on a primary residence purchase.
  • Cancellable mortgage insurance at 80% loan to value.
  • Choose between a 30, 25, 20 and 15-year term.
  • Fixed rate for the life of the loan.
  • Only pay more if taxes or insurance goes up.
  • Debt-to-income ratio as high as 49%.
  • Loan amounts up to $647,200 in 2022.
  • High-cost counties offer higher conforming limits.
  • Adjustable-rate and fixed mortgages available.
  • Lower closing costs.

Calculate My Utah Conventional Mortgage Payment

Have a monthly mortgage payment GOAL?

Try Scott Buehler's Conventional Utah mortgage calculator. The costs are estimated for Utah property tax, hazard insurance and mortgage insurance to give you a good idea of your mortgage payment.

In California? Try increasing the property tax from 0.7% to 1.25% for a closer look into your California mortgage payment estimate.

It's possible to eliminate Private Mortgage Insurance with Conventional home loans. Please set up a call to discuss your home loan options that would offer the absolute lowest payment.

Tip: Use the "Add Extra Payments" option to see how adding $50, $100 or more to your monthly payment will drastically shave years off your loan! 

See if a Conventional Home Loan is Right For You!

Please fill out the following information and I will give you a call to discuss your options!

0 of 350

By filling out the form above, you are giving permission to Scott Buehler to call, text or email to discuss your Conventional home loan needs. If you need help with your down payment, please see my Down Payment Assistance page. Your information is sent to Scott Buehler directly. You won't be bombarded and your info will not be sold.

Scott Buehler Homebuyer Book

Free Homebuying Guide

Learn the benefits of buying a home including potential equity growth, predictable costs, possible tax write-offs, freedom to renovate and decorate and so much more.

You will also learn the steps to purchasing a home. From getting pre-qualified, shopping for a home, appraisals and finalizing your home purchase at the closing table.

Tap to download your Home Buyer Guide below!