Conventional Loans

Conventional loans are defined as any loans which do not exceed the conventional loan limits which have been established by Fannie Mae and Freddie Mac. Both fixed and adjustable rates are available, and you can choose a term which fits your budget and timeline for paying off your loan.

Conventional Loan Limits

The conventional loan limits for Broward, Miami-Dade, Palm Beach, & the surrounding areas are:

One unit
$647,200

Two units
$828,700

Three units
$1,001,650

Four units
$1,244,850

Shopping for a home which exceeds these limits? You are in the market for a jumbo loan. Please see this page for more details.

If you are looking for a loan which is government-insured, we also offer VA, FHA and USDA loans. Those who are eligible for these loan programs may have a low down payment or no down payment and enjoy additional benefits. Ask us about these programs while you are consulting with us.

A Conventional Loan For Any Purpose

A conventional home loan can be used to purchase a home, lower the term and/or rate of an existing mortgage, or consolidate debt. Unlike FHA, VA, & USDA loans that are utilized on primary homes only, conventional loans can also be used to purchase or refinance second homes & investment properties.

When you work with Premier Lending Corp, we start out by consulting with you to understand your needs and goals. That way we can connect you with a loan which will be ideal for your finances and plans.

You get to choose between adjustable and fixed interest rates. With a selection of loan terms available, you can look forward to a mortgage which is tailored to your requirements. We strive to offer some of the most competitive rates in the area along with affordable down payments.

Do You Qualify for a Conventional Loan?

Eligibility for a conventional loan is not as involved as qualification for a special government-backed loan program. The requirements are fairly basic:

620 minimum credit score for primary purchases. (Credit score requirements may vary depending on the occupancy & credit profile.)

10% down for second home purchases

3% down payment for 1st time home buyers

15% down for investment purchases

5% down payment for primary purchases for non-first time home buyers

2-year work history

Let Us Help You Apply for a Conventional Loan

With over 25 years of experience helping customers achieve their dreams of homeownership, we would love the opportunity to guide you in the right direction of achieving that dream.

Please call us at 954-840-8811 to schedule your consultation. Based on the information you share with us regarding your finances and your housing goals in South Florida and throughout the state, we can assist you in determining whether a conventional loan is the best fit for you.

Contact us now to get started.

See What Our Clients Are Saying About Us!

Scott Ramirez
Scott Ramirez
21:31 17 Apr 24
This team handled this whole process expertly with explanation of all the costs, relationships/communication with the other parties involved, staying on top of communication and getting us a really great rate! Special thanks to Alex DiGioia for his extensive personal assistance throughout this process!
Joselyn Velilla
Joselyn Velilla
21:06 17 Apr 24
Alex Digioia from Premier Lending Corp deserves all the recognition! When I received an offer to buy a condo in Miami with the buyer insisting on a quick sale transaction, I was met with doubt from other lenders. However, Alex's steady commitment and expertise turned the impossible into reality. He didn't just help; he went above and beyond, working late nights and ensuring every detail was taken care of. Alex's professionalism and dedication truly set him apart as one of the finest in Miami's lending industry. Thanks to his exceptional efforts, we managed to close in an astonishing 16 days, complete with a full condo review. If you're seeking a lender who not only delivers but exceeds expectations, look no further than Alex Digioia. He's a true asset, and I can't recommend him highly enough!
Kali Piorro
Kali Piorro
21:48 16 Apr 24
Highly suggest hiring Johanny, he was fast and efficient getting everything we needed done even before the 21 days we requested. He has a lot of knowledge and knows how to work with business owners which was a huge must for us.
Frankie Graf
Frankie Graf
13:48 16 Apr 24
Jordan and Premier Lending Corp made the experience of buying my first home as easy as I could have imagined. He was there for me every step of the way and was available to answer any questions I had at all hours of the day. He is a true professional and very good at what he does. I was unbelievably satisfied with both the rate I received from Premier Lending and the customer service and responsiveness of all their associates. I plan on using Premier Lending again whenever I refinance my home. I highly recommend using their services.
Lisa DiTomasso
Lisa DiTomasso
13:29 15 Apr 24
Awesome team!!
Megan Sinzenich
Megan Sinzenich
18:11 12 Apr 24
Kristina N
Kristina N
20:59 11 Apr 24
My experience working with Premier was amazing. Jordan Nicolosi and his team were top notch and so easy to work with. Always available to answer questions and assist when needed. I will be using them again for any future needs. Thank you so much!
J L
J L
18:04 10 Apr 24
Jordan Nicolosi has handled multiple financing for me and my wife and every time the rate, service, response time, knowledge and experience has been second to none. I would highly recommend these guys for all financing or refinancing. Great job!
Sonia Contreras
Sonia Contreras
11:37 08 Apr 24
Michael Savitt was great to work with. He listened and understood exactly what I needed. He got my transaction done within 30 days. He was always available which I truly appreciated! Very knowledgeable and professional. I would highly recommend.
Bob E
Bob E
12:43 03 Apr 24
Had the pleasure of working with Jordan on multiple occasions and can say that he was hands down the best. Everything was explained and made super easy to understand. I would highly recommend
jose carreto
jose carreto
15:32 30 Mar 24
I recently had the pleasure of working with Jordan, and I must say, my experience was nothing short of exceptional. He exhibited professionalism, efficiency, and a genuine willingness to help.One of the standout qualities of Jordan was his speed and responsiveness. He wasted no time in getting the ball rolling and ensured that all the necessary steps were taken promptly. His quick actions helped streamline the entire loan process, saving me valuable time and effort.Furthermore, Jordan's level of support and assistance was unmatched. He consistently kept me informed at every stage of the process, providing regular updates and addressing any concerns or questions I had along the way. His clear communication and transparency instilled a sense of trust and confidence in his abilities.What truly impressed me was Jordan's ability to take over my deal seamlessly from someone else and still manage to get it closed within the agreed timeframe. His expertise and dedication were evident throughout, and I am grateful for his efforts in making the process smooth and stress-free.In conclusion, Jordan's professionalism, efficiency, and dedication to his clients' needs make him an invaluable asset in the field. I would highly recommend Jordan to anyone in need of expert financial guidance and support. Thank you, Jordan, for your outstanding service!
rami5_0h
rami5_0h
22:37 28 Mar 24
Elias was extremely helpful with my situation, very patient, friendly, communicative and always tried to help me get the best deal possible. I would definitely recommend him to anyone looking to finance or refinance their property or even if you’re looking to build your dream home, they will be able to help you. Thank you Elias for your help!!
Donna Wukasch
Donna Wukasch
14:11 18 Mar 24
Just closed on the sale of my home that I sold as a FSBO. Can’t thank Jordan enough for all the assistance he provided not only to the buyers, but also to me. He is extremely knowledgeable and responsive, and offered multiple solutions when we encountered an issue with the appraisal. All parties were extremely satisfied. I highly recommend Jordan and the entire team at Premier Lending Corp!
Sally Moon
Sally Moon
01:51 16 Mar 24
Michael Savitt when above and beyond to help us with our loan, Thank you
Miles Harrelson
Miles Harrelson
12:57 09 Mar 24
The A team was exactly that!!! Alex and his team were ready to help out at any time of the day at a drop of a dime! The professionalism they excelled was beyond more than anyone can ever imagine! They made the process so easy going, as well as stress free as possible, and if you’re buying a home you know it can get stressful at times. I appreciate the whole A Team especially Alex for making the deal happen and getting my house!
Josue Vences
Josue Vences
02:19 05 Mar 24
Frank and his team have been amazing. We were with another lender that couldn’t get us to closing and as soon as we got introduced to Frank he had his team especially Alex reach out to us to get the process going. Within almost 2 weeks we closed on our first house! One of the things we loved about this group is that they always answered our questions, always kept us updated on our progress and always available when we needed them. Couldn’t have asked for a better mortgage team. Will definitely be recommending them to others that are looking to buy a home!
Tiffany Avera
Tiffany Avera
19:47 04 Mar 24
I can not recommend Frank, Alex and their team more. Through every twist and turn they were there, they were responsive to all my questions and mostly, got me closed in under 30 days!
Mitchell Munro
Mitchell Munro
19:33 28 Feb 24
Jordan was greatly helpful and on top of his game. From the beginning, he was extremely responsive and dedicated time to educating us on every step of the home buying process. We had a closing period of 28 days and had no issues or concerns of closing within that time. The other staff members at Premier Lending were also knowledgeable and responded quickly to our calls and emails. Overall, working with Jordan was very easy and he helped us stay comfortable while purchasing our first home. We were satisfied with our experience and would recommend all homebuyers to work with Premier Lending, especially Jordan.
juan flores
juan flores
23:58 27 Feb 24
Alexis work hard with me on getting my mortgage. Excellent work ethics and high level of commitment to his clients.
Gilma Patino
Gilma Patino
23:38 27 Feb 24
Fue una experiencia muy buena ya que me sentí muy acompañada desde el primer momento hasta que se terminó toda la gestión mil gracias por todo su apoyo señor Elias Loredo.
Yurixander Gómez
Yurixander Gómez
23:12 27 Feb 24
Muy buena atención muy profesionales y cuando llamas siempre hay disponibilidad para ayudarte.
joshua cosenza
joshua cosenza
18:13 27 Feb 24
Alexis and her team have helped multiple clients of mine and have consistently been diligent and steadfast through the process. Their patience and professionalism have helped my clients me safe and made the lending process smooth.
Natosha Scungio
Natosha Scungio
17:33 27 Feb 24
Alexis VanLandingham is by far the best in the game!! I highly recommend her to my clients in need of financing. She not only provides unwavering concierge service to my clients, which makes them feel like she is not just a business partner, but a friend. She also has been able to beat out competitive lenders on rates as well. If and when shopping for a home, you want Alexis in your corner! Trust me.
Dailee Wright
Dailee Wright
01:41 27 Feb 24
Alexis was amazing. We can’t thank her enough. She got our VA loan closed in 9 days. We got in our new house early because of her! Thank you.
Saima Chaudhry
Saima Chaudhry
03:23 22 Feb 24
Informative and easy to work with; highly recommend
evan kessler
evan kessler
16:47 21 Feb 24
As a realtor, working with Alexis has been a game-changer for my clients. Her professionalism, attention to detail, and commitment to finding the best financing options make her an invaluable asset. I confidently recommend Alexis to anyone in need of a top-notch loan officer.
Galya Lapicola
Galya Lapicola
22:45 15 Feb 24
For the second time, Federico Larrosa took care of me!First time with my refinance and then with my Heloc! The process was absolutely painless and quick because Federico made it happen. He is very cordial, friendly and knowledgeable. Please connect with him should you ever have mortgage, refinances, Heloc / Heloan. Thank you Federico!
Como agente inmobiliario, mi experiencia con el Elias Loredo de Premier Lending ha sido excepcional en todos los aspectos. Desde el inicio de nuestra colaboración, este banco ha demostrado un compromiso inquebrantable con la excelencia en el servicio y la satisfacción del cliente.Una de las características más destacadas de Elias Loredo, es su enfoque proactivo y personalizado para cada transacción. Desde el momento en que nuestros clientes expresan interés en obtener un préstamo hipotecario, el equipo del banco se pone en marcha para proporcionarles la mejor solución financiera posible. Han demostrado una comprensión profunda de las necesidades y circunstancias individuales de cada cliente, lo que ha resultado en préstamos personalizados que se adaptan perfectamente a sus situaciones específicas.Además, la eficiencia del proceso de préstamo del Banco Premier Lending es insuperable. Su equipo de profesionales capacitados y dedicados trabaja incansablemente para garantizar que las transacciones se completen de manera oportuna y sin contratiempos.Como agente inmobiliario, valoro enormemente la rapidez con la que el banco responde a las solicitudes de préstamo, lo que contribuye en gran medida a cerrar acuerdos de manera eficiente y satisfactoria para todas las partes involucradas.Lo recomiendo 100%.
Oscar Mata
Oscar Mata
18:53 14 Feb 24
He met my expectations and met my needs and requirements.Mr. Elias Loredo is a very kind, responsible person and was always attentive to my case for the approval of the home loan
ari sosa
ari sosa
16:48 09 Feb 24
Alexis VanLandingham is a superstar she handled our loan needs very professional and go above and beyond to close our apartment in time and make the right connections to accomplish Kudos for Alexis !!! We are looking forward to continue working with Alexis and her team!!
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