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Buying a home can be tough. Coconut Grove is Miami’s oldest continuously inhabited neighborhood, full of history and charm . In this...
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Conventional Mortgages
Welcome to Bennett Capital Partners, your go-to destination for flexible and competitive Conventional mortgages. As a premier mortgage brokerage, we're dedicated to helping our clients secure the right conventional mortgage that suits their unique financial needs, ensuring a smooth path towards homeownership.
Our team of knowledgeable loan officers has an extensive background in the conventional mortgage industry and is licensed to originate Conventional mortgages throughout Florida. We pride ourselves on our expertise, reliability, and trustworthiness, making us the top choice for clients seeking conventional mortgages.
Whether you're a first-time homebuyer, a seasoned investor, or looking to refinance, our loan programs offer a variety of Conventional mortgage options tailored to fit your needs. Our commitment to exceptional customer service and cutting-edge technology ensures a seamless and stress-free application process.
Explore our wide range of Conventional mortgage options, including loans for various property types such as Condominiums, Warrantable Condo Mortgages, and Non-Warrantable Condos. In addition to Conventional loans, we also offer diverse mortgage programs like FHA, Jumbo, Non-QM, VA, and USDA mortgages to cater to a wide range of financial situations.
At Bennett Capital Partners, our mission is to help you navigate the requirements for a conventional loan with ease and confidence. Apply Now or Contact us today to discuss your financing needs with our team of experts and embark on the journey towards securing your dream home.
Our Expertise in Conventional Mortgages
At Bennett Capital Partners, we specialize in providing our clients with the best options when it comes to conventional mortgages. Our team of experts has years of experience in the mortgage industry and we have developed a reputation for being the go-to mortgage brokerage company in Miami. Here are some of the reasons why we are the experts in conventional mortgages:
Extensive Network of Lenders
As brokers, we work with hundreds of wholesale lenders and banks to provide our clients with the widest range of options when it comes to conventional mortgages. This allows us to find the best interest rates and terms to fit your unique financial situation. Our broker work with you through underwriting conditions such as letters of explanation, income, asset, credit, title, insurance, and other transaction-related conditions.
Personalized Service
At Bennett Capital Partners, we believe in providing our clients with personalized service that meets their specific needs. Our team of experts will work with you one-on-one to understand your financial situation and help you find the best conventional mortgage program for you.
Fast Closing Times
We understand that buying a home is a time-sensitive process, which is why we strive to close your conventional mortgage as quickly as possible. Our streamlined application process and efficient team of experts ensure that you can move into your new home in a timely manner.
Competitive Rates
Our extensive network of lenders and banks allows us to find the most competitive interest rates for your conventional mortgage. We work hard to ensure that you get the best deal possible when it comes to your mortgage.
Industry Knowledge
Our team of experts has extensive knowledge of the mortgage industry and can guide you through the complex process of obtaining a conventional mortgage. We can help you with all conventional, government, Non-QM (10 Year Interest Only, Bank Statement, P&L Only, Non Warrantable Condos, Etc.) Private Money, Hard Money, and more. We stay up-to-date on the latest industry trends and regulations to ensure that our clients receive the best mortgage broker service.
Conventional Mortgage Programs
Discover helpful tips and tricks on mortgages by reading our blog posts:
Can I Get a Bank Statement Cash Out Refinance Loan? to learn more about how this program can help you purchase your dream home in Miami. Click here to read the full article
Fannie Mae Homepath Program: Everything You Need to Know to learn more about how this program can help you purchase your dream home in Miami. Click here to read the full article
Fannie Mae HomePath Program: Your Key to Finding Your Dream Home to learn more about how this program can help you purchase your dream home in Miami. Click here to read the full article
Home Possible® Mortgage Income Limits & Guidelines to learn more about how this program can help you purchase your dream home. Click here to read the full article
A Deep Dive into Fannie Mae's Condo Project Review Process to learn more about how this program can help you purchase your dream home. Click here to read the full article
Fannie Mae HomePath Program: Your Key to Finding Your Dream Home to learn more about how this program can help you purchase your dream home. Click here to read the full article
Home Possible® Mortgage Income Limits & Guidelines to learn more about how this program can help you purchase your dream home in Miami. Click here to read the full article
Understanding Conventional Mortgages
What is a conventional mortgage?
A conventional mortgage is a type of home loan that is not guaranteed or insured by the federal government. Conventional mortgages are typically fixed-rate mortgages. They offer terms of 15 or 30 years. However, some lenders offer adjustable-rate mortgages (ARMs).
What is an example of a conventional mortgage?
An example of a conventional mortgage is a 30-year fixed-rate loan. This means the interest rate stays the same for the duration of the loan, and each payment goes towards both the interest and principal.
What's the difference between FHA and conventional mortgages?
FHA loans are backed by the Federal Housing Administration, offering protection to the lender if the borrower defaults. This makes FHA loans more accessible for borrowers with lower credit scores or smaller down payments. In contrast, conventional mortgages are not government-insured, typically requiring higher credit scores and larger down payments, but they may offer more flexibility and better terms for well-qualified borrowers.
Is conventional better than FHA?
It depends on your situation. Conventional loans can be better for those with a high credit score who can put down at least 20%. FHA loans can be better for those with lower credit scores or those who can't afford a large down payment.
What are the requirements for a conventional mortgage?
Conventional mortgage requirements typically include a credit score of at least 620, a down payment of at least 3%, a stable income, and a reasonable debt-to-income ratio, plus many other factors. Give us a call to find out if you qualify
What Our Clients Say
Alex S.
Philip was highly recommended to me and he did not disappoint. He was incredibly helpful and honest throughout the entire process, getting us the best program that matched our needs. We really didn't think we had a chance and luckily Philip …
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