Mortgage guidance · Seth Lester
Conventional mortgages
Compare conventional financing with Seth Lester, including mortgage insurance, closing costs and the way a loan fits your homebuying budget.
Prefer to talk first? Call or text 480-335-9828.
Seth Lester · Branch Manager & Loan Officer · NMLS #390622
Traditional purchase loan
Conventional mortgages
A conventional loan is not insured by FHA or guaranteed by VA. Some conventional programs can allow a down payment as low as 3% for eligible borrowers. A down payment below 20% often brings mortgage insurance, so compare the full monthly payment as well as the cash needed at closing.
Ask for a side-by-side look at loan terms, mortgage insurance, closing costs, and the payment with taxes and homeowners insurance. The lowest down payment is not automatically the lowest overall cost.
What should I compare first?
Ask for the total monthly payment and cash to close using the same home price and down payment for each option. A lower rate with higher fees may not match your plans.
What should I bring to the conversation?
Your target price range, estimated available funds, employment situation and monthly debt payments provide a starting point. Financial documents belong in the secure application, not the contact form.
Keep exploring
Official Conventional program information
Compare purchase loan options · Prequalification vs. preapproval · All loan programs
Let’s talk through your situation.
Tell me where the property is, your timeline and what you want the mortgage to accomplish. We can discuss the options and the information needed for a full review.
Prefer to talk first? Call or text 480-335-9828.
Program availability and eligibility vary by borrower, property and lender. This is not a commitment to lend. All loans are subject to credit approval. Terms and conditions apply.