Why Choose a Conventional Loan?
Ideal for borrowers with solid credit who want more flexibility and potential savings compared to government-backed loans.
When It Fits, It’s Hard to Beat
Down payments as low as 3% for qualified first-time buyers
No upfront mortgage insurance premium (unlike FHA)
Private mortgage insurance (PMI) automatically cancels when you reach 78% loan-to-value
Flexible loan terms — from 10 to 30 years
Available for primary residences, second homes, and investment properties
Higher loan limits than FHA in most areas
Can finance single-family homes, condos, multi-unit properties, and eligible manufactured homes
Can also be used for new construction or renovations with the right program
Both fixed-rate and adjustable-rate options available
Faster processing and fewer property restrictions compared to some government-backed loans
If saving for a down payment feels out of reach, you’re not alone — and you’re not out of options.
Down payment assistance programs are designed to help qualified buyers cover some or all of their down payment and even closing costs. These programs can work alongside FHA, USDA, and other loan types to make homeownership more accessible. Whether you’re a first-time buyer or just need a little help getting over the finish line, let’s talk about what options might work for you.
Buy It, Fix It, Make It Yours
Combine the purchase price and renovation costs into a single loan
Great for homes needing repairs, updates, or modernization
One loan, one payment, one closing — simple and streamlined
Can fund a wide range of projects, from minor improvements to major renovations
Upgrade kitchens, bathrooms, roofs, flooring, or expand living space
Add an Accessory Dwelling Unit (ADU) — like a casita or guest house — including eligible manufactured homes where allowed
Customize the home to your needs before you move in
Improve the home’s functionality, comfort, and potential resale value
Available with low down payment options
Get In Touch
NEXA Mortgage
NMLS 1660690
Company State License #: AZMB - 0944059
Address: 5559 S Sossaman Rd. Bldg#1 STE 101, Mesa, AZ 85212
www.NEXAmortgae.com
https://nmlsconsumeraccess.org/TuringTestPage.aspx?ReturnUrl=/EntityDetails.aspx/COMPANY/1660690
Hours of Operation:
Mon - Fri 7-8 PM
Saturday 8-5 PM
Sunday 10-2 PM
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