Skip to content
Online Services

Manage your account

Enroll Now Log In Help Reset Password Need Help? Call 1-888-330-8482

Conventional Mortgage Loans

Find the right mortgage loan to match the perfect house.

A conventional mortgage is the most popular mortgage program with a variety of loan options and terms. Magnifi Financial offers terms that are right for you and your lifestyle, including 15-year and 30-year fixed-rate mortgage loans. Your local Magnifi Financial mortgage lender can help you determine if a conventional loan is the right option for you.

Apply Now
Rates

Down Payment

Typically, a 20% down payment is preferred for a conventional mortgage loan. The more money you're able to put down, the less you'll need to pay back with interest.

Credit Score

Magnifi Financial helps work with all credit scores to find the right mortgage loan. When it comes to conventional loans, borrowers generally need to have a minimum credit score of 620.

Debt-to-Income Ratio

We calculate your debt-to-income ratio to ensure we follow ATR (ability to repay) guidelines. Each borrower may have different terms depending on his/her financial situation.

calculator-hero-1

Apply for a mortgage loan today!

We’re ready to help finance your perfect home with your perfect mortgage.

Mortgage Programs

Check out some of the mortgage loan options available with Magnifi Financial:

buliding-home-conventional

CONVENTIONAL MORTGAGE

Traditional mortgage loans with fixed rates throughout the term of the loan.

Learn More

Please note, while you are undergoing the mortgage loan process, it is best that you check with your mortgage lender before opening any other loans at the same time.

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you.

We may also ask to see your driver’s license or other identifying documents.

Membership means more here.

At Magnifi, you're not just a member-owner of an award-winning credit union; you're part of Magnifi and receive all the benefits and perks you need to succeed financially.