Qualifying for a conventional mortgage comes down to credit, income stability, debt ratios, down payment, and the property itself. Here is what lenders look for — and how The 2 Mortgage Guys help you clear each box.
Underwriters weigh these factors together — strength in one area can offset another.
These are common starting points — not hard guarantees. Your full file (credit history, residual income, property type, and loan purpose) determines the final call.
If conventional guidelines are tight, we still have options — FHA for flexible credit, VA for eligible veterans, USDA for rural zero-down, or Non-QM for bank-statement and unique income.
Ryan and Steve review your full picture before you shop — so you know your price range and rate options up front.
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Related guides to help you compare options and move toward pre-approval.
Plain-English breakdown of conforming loans, PMI, and limits.
Score floors, pricing tiers, and tips to raise your number.
Full program page with calculator and requirements.
Choose Ryan or Steve and start your application.
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Most buyers with a mid-600s credit score or higher, stable income, manageable debts, and enough funds for down payment and closing costs can qualify. Exact overlays vary by lender and loan type.
Many conventional programs allow debt-to-income ratios up to about 45–50% when compensating factors (strong credit, reserves, residual income) are present. Lower DTI usually means cleaner approvals and better pricing.
No. First-time buyers may qualify with as little as 3% down. Larger down payments improve pricing and can remove PMI at 20%.
Yes. Self-employed buyers typically provide two years of tax returns and business documentation. Non-QM or bank-statement options are available if conventional guidelines do not fit.
Share a few details and we will map your conventional eligibility, rate options, and next steps.