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Conventional Loans

The conventional loans are the primary loan type for most home financing that is originated today. You can obtain Conventional loans with as little as 3% down.  In South Dakota, Minnesota, and Iowa, The Conventional loan limit is currently $424,100.  We have many different programs and investors offering fixed rate convention loans for 10, 15, 20 and 30 years. We can also adjust the length of the term to any other term for example, we can originate an 18-year fixed rate conventional loan so that you do not go backwards in the time that you have left for the term of your loan or if you want to better adjust your term to your overall financial plan.

We also have adjustable rate conventional loans if you do not plan on living in your house for a long time. We will review your housing needs and provide you with the information you need to make an educated decision about which program best fits with your overall financial and housing goals.