A conventional loan is a type of loan that doesn't have government backing or insurance, unlike FHA, VA, and USDA loans, which are insured by the government. With a conventional loan, borrowers typically need stronger credit profiles and larger down payments, making it a suitable option for those with good credit and stable finances. Offering flexibility in terms and competitive interest rates, conventional loans are favored by many homebuyers and investors alike. Unlike government-backed loans, conventional loans are not subject to strict government regulations, allowing for more diverse financing options and quicker processing times. Whether you're purchasing your first home, investing in real estate, or refinancing an existing mortgage, a conventional loan can provide the financial support you need to achieve your goals. Speak with a mortgage advisor today to explore the benefits of conventional financing and find the right loan for your needs.