Conventional Loans in Austin, TX – Trusted Local Lending
Benefits of Choosing LendFriend for Your Mortgage
Austin's competitive real estate market demands a mortgage partner who understands local dynamics and delivers exceptional service. LendFriend has built a reputation as the area's most responsive, transparent, and efficient conventional lender—helping buyers secure homes in high-demand areas like East Austin, Westlake, and South Congress at competitive rates and low fees.
Fast Closings (as little as 10 business days)
You gain a significant advantage when bidding in hot markets.
Austin-Based Support 7 Days a Week
When you call LendFriend, you reach a real local expert, not a call center.
Deep Local Knowledge
Our team lives and works in Austin—so we understand the nuances of each neighborhood.
Conventional Loan Programs Available in Austin
Fixed and Adjustable-Rate Mortgages
Choose the stability of a fixed rate or the flexibility of an adjustable rate depending on your plans.
Low Down Payment Programs
With options like the Conventional 97, qualified buyers can put as little as 3% down.
Loans for High-Value and Investment Properties
Ideal for buyers in higher-price areas or those financing second homes or rental properties.
Take the Next Step Toward Homeownership with LendFriend
What You Need to Qualify for a Conventional Loan
Minimum Credit Score & Down Payment Basics
Most loans require a 620+ credit score, with down payments starting at 3-5% depending on your situation.
Property & Occupancy Requirements
Conventional loans work for primary homes, second homes, and investments throughout the Austin area.
Debt-to-Income Guidelines Simplified
Your DTI typically needs to be under 45%, with some flexibility for strong applications.
FAQs – Choosing the Right Conventional Lender in Austin
How Do Austin's Rising Property Values Affect Conventional Loan Requirements?
Austin's appreciating market in areas like South Congress works in your favor, creating faster equity growth and earlier PMI elimination.
Can I Lock My Rate While Shopping for Homes in Competitive Austin Neighborhoods?
No - rate locks require a signed purchase contract first. Once you have a property under contract, we offer extended rate locks for competitive Austin neighborhoods like Mueller and Bouldin Creek.
What Documents Are Needed to Apply for a Conventional Loan?
We streamline the application process. To start all you need is a W2 and your most recent bank statement. We handle the rest. Our team will guide you through each requirement to ensure a smooth and efficient approval process.