The most popular & common type of mortgage! At Treadstone, all of our conventional loans offer fixed-rate programs with a variety of payment terms. Down payment options start as low as 3% for qualified consumers, but many prefer a higher down payment to avoid mortgage insurance. Borrowers who put down 20% or more avoid mortgage insurance all together!

Bottom line? If you have dollars to put down and don’t want to be restricted on where you can buy, a conventional loan is a solid choice.

  • Multiple down payment options starting at 3%
  • Down payment can be 100% gift from a relative or employer
  • No Mortgage Insurance if 20%+ down
  • Allows seller contributions towards buyer closing costs and escrow
  • The maximum mortgage is $510,400

Down payment requirements, closing costs, and loan amounts are for illustrative purposes only; subject to credit qualification, not all applicants may qualify. Not a commitment to lend. Not affiliated with or endorsed by any government institution. Please contact us for an exact quote and for more information on fees and terms.

Treadstone Funding propelled by Neighborhood Loans NMLS 222982 “Illinois Residential Mortgage Licensee No. MB.6759826. For licensing information, go to