Conventional Loans in Temple, TX
Flexible terms and no upfront mortgage insurance for strong buyers.
Work directly with Jodie Barber, a mortgage broker with 30 years of experience serving Temple and all of Bell County.
Temple at a glance
Baylor Scott & White medical hub; mixes military + healthcare-worker buyers (TSAHC nurse/EMS DPA angle). Larger, more diversified economy than the immediate gate towns.
Serving Temple neighborhoods including Western Hills, Wildflower Country, Belton Lake area, Downtown Temple.
Why a conventional loan in Temple?
Buyers with solid credit who want flexible terms and to drop PMI at 20% equity.
- ✦As little as 3% down (HomeReady / Home Possible)
- ✦PMI automatically drops at 20% equity — unlike FHA
- ✦Fixed or adjustable-rate options
My First Texas Home (MFTH) — up to 5% of loan amount. First-time buyer (or veteran / targeted-area exemption); 620 min FICO; income limits vary by county/household (~$97K for 1-2 person, ~$111,550 for 3+ in most counties, higher in Austin/Dallas); homebuyer education required; stackable with MCC
Conventional Loans FAQ
- Conventional vs. FHA — which is better?
- It comes down to credit, down payment, and how long you'll keep PMI. I'll compare the true lifetime cost of both for your scenario.
“Homeownership is a partnership.” Let's talk about your conventional loan in Temple. No pressure — just straight answers from someone who's done this for 30 years.