Nebraska conventional loans remain the most popular choice for home buyers throughout the state, offering flexibility, competitive rates, and a straightforward path to homeownership. With down payments as low as 3% for first-time buyers and 5% for repeat buyers, these non-government mortgages are more accessible than ever. Whether you’re purchasing a home in Lincoln, Omaha, or anywhere in Nebraska, conventional loans provide multiple term options (10, 15, 20, or 30 years), removable private mortgage insurance once you reach 20% equity, and rates that reward strong credit scores.
Conforming conventional loans have set borrowing limits that vary by year and region. Buyers needing a larger loan can opt for a Jumbo loan to finance homes above those limits.