CONVENTIONAL STANDARD PROGRAM

Competitive financing solutions for qualified homebuyers and homeowners

Loan Programs

Conventional Standard Program

A traditional mortgage solution for qualified borrowers seeking a reliable path to home financing with standard conventional loan guidelines and flexible options for purchase or refinance needs.

Program Overview

The Conventional Standard Program is designed for qualified borrowers who want a traditional mortgage option for purchasing or refinancing a home. This program can be a strong fit for clients with standard income, credit, and documentation profiles who are looking for a reliable financing path with familiar conventional lending guidelines.

Program Features

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Designed for qualified borrowers seeking traditional conventional mortgage financing.

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Can be used for eligible home purchase and refinance scenarios.

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A strong option for borrowers with stable income, credit, and documentation profiles.

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May support primary residence, second home, or investment property scenarios depending on eligibility.

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Provides a familiar financing structure for borrowers looking for a standard mortgage solution.

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Can be reviewed with a loan officer to determine the best fit based on property type, down payment, credit profile, and borrower goals.

Why Choose This Program?

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Offers a trusted mortgage path for borrowers who fit standard conventional guidelines.

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Can provide competitive financing for qualified buyers and homeowners.

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Supports a clear and familiar qualification process for borrowers with traditional documentation.

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Gives realtors a straightforward financing solution for clients with standard borrower profiles.

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May be a strong fit for borrowers focused on long-term homeownership, refinance savings, or traditional financing stability.

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Allows borrowers to review standard loan options with guidance from an experienced loan officer.

Who This Program Is Great For?

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Homebuyers seeking a traditional conventional mortgage option.

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Homeowners refinancing an existing mortgage through standard conventional financing.

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Borrowers with stable income, solid credit, and standard documentation.

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Clients purchasing a primary residence, second home, or eligible investment property.

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Borrowers who want a familiar mortgage structure with standard qualification expectations.

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Realtors working with qualified buyers who are ready for a traditional financing path.

Download Loan Program

Preview the loan program sheet and download the full Conventional Standard Program details instantly.

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Access the co-branded version to share this Conventional Standard Program with your clients and referral partners.

Need Help Structuring a Conventional Loan?

Connect with a loan officer to review your borrower scenario and get clear guidance on the best next step.

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Conventional Loans at a Glance

Quick answer: A conventional loan is a mortgage that follows Fannie Mae or Freddie Mac guidelines and is not government-insured. TAG offers conventional financing with as little as 3% down (up to 97% LTV) and a 620 minimum FICO, subject to underwriting and program guidelines. Last reviewed: November 2026.

97%
Max LTV
620
Min. FICO
3%
Minimum down payment
PMI
Required under 20% down

More Conventional Loan Details

  • Primary residence, second home and investment options, by program
  • Private mortgage insurance (PMI) is typically required with less than 20% down and may be removable once equity requirements are met
  • Whether mortgage insurance premiums are tax deductible depends on current tax law and your situation. TAG does not give tax advice; consult a CPA or tax professional.
  • Terms, LTV and eligibility vary by occupancy, property type, loan size and borrower profile

Conventional Loan FAQs

What is a conventional loan?

A mortgage that is not insured by a government agency and follows Fannie Mae or Freddie Mac guidelines. It is one of the most common loan types for homebuyers and refinancers.

How much down payment do I need for a conventional loan?

As little as 3% down on eligible programs, up to 97% LTV. Larger down payments can reduce or remove mortgage insurance. Requirements vary by program and occupancy.

What credit score do I need?

A 620 minimum FICO is typical. Higher scores may improve eligibility and mortgage insurance costs.

Is private mortgage insurance tax deductible?

It depends on current tax law and your personal situation, so it may or may not be deductible for you. TAG Lending Group does not provide tax advice. Please consult a CPA or tax professional.

Can I remove PMI later?

Often yes. Conventional PMI can typically be removed once you reach required equity levels, subject to servicer rules and loan history.

Can mortgage brokers submit conventional loans to TAG?

Yes. Licensed brokers can submit files through TAG's wholesale channel in the states where TAG is licensed as a lender. No approval or closing date is guaranteed.

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