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 Conventional Loans 

The Conventional Loan is generally for people who have good credit scores, a steady income source and have saved up a nice chunk of change for a down payment.

What Is A Conventional Loan?

Conventional Loans are not backed by government entities and as a result of that, the lending terms are more stringent. We should mention there are a few special federal programs that do back conventional purchases but they are for very specific cases.

Conventional loans often come with higher interest rates than mortgages backed by the federal government. Those interest rates are usually fixed, which means they’re not going to change through the life of your mortgage. All that being said, the application process for a conventional loan is usually easier and faster than one for any other type of mortgage.

What Are The Eligibility Requirements?

  • A credit score of at least 640.

  • Debt-to-income ratio must not exceed 49%.

  • Most lenders expect a 5% - 15% down payment.

  • You must have funds to handle closing costs.

  • Proof of income.

How To Get A Conventional Loan With Hartford Funding Ltd.

We can help you figure out if you qualify and whether a Conventional loan is right for you. We have many loan options to offer and will ensure to provide you with a mortgage suited to your lifestyle and financial goals.

Verified Pre-Approval by Hartford Funding Ltd.

Before house hunting, it’s important to get an estimate of how much home you can afford. Most sellers expect buyers to have a pre-approval letter when making an offer. A pre-approval letter strengthens your offer as it proves you can obtain financing.

Get Pre-Approved to Buy a Home

Apply online for a pre-approval letter:


THIS IS NOT A LOAN APPROVAL. The final approval is subject to Satisfactory verification of the borrower’s credit history, income, assets, debt ratio, clear title to the property, and a satisfactory appraisal of the property.

Get the best loan solution.We are here to help guide you through.
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