Mortgages · Owner-Occupied & Second Home

The classic path to a home loan.

From 5%down payment

A conventional mortgage is the most common type of home loan in America — and for most owner-occupied and second-home buyers, it's the cleanest path to keys.

Backed by Fannie Mae or Freddie Mac, conventional loans offer competitive rates, flexible down-payment options, and predictable monthly payments. We originate, underwrite, and table-fund every loan in-house.

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At a glance

Eligibility & key terms

A summary of what a conventional loan looks like at Kyon. Your final rate depends on credit, down payment, occupancy, and market conditions.

Eligibility

  • Credit score 620+ (best pricing at 740+)
  • Debt-to-income ratio up to 50%
  • Down payment as low as 5% (3% for some first-time buyers)
  • Owner-occupied, second home, or investment
  • 1–4 unit residential properties

What you'll need

  • Two years of W-2s or self-employment returns
  • Two months of bank statements
  • ID and Social Security number
  • Purchase contract (or current loan docs for refi)
  • Appraisal (we order it)
Loan terms
15-yr · 30-yr fixed · 5/1 ARM · 7/1 ARM
Max loan amount (2025)
$806,500 single-family
Min down payment
5% (3% for some first-time buyers)
PMI
Required under 20% down · drops at 80% LTV
Occupancy
Primary · Second home · Investment
Property type
1–4 unit · Condo · PUD
Why Kyon for a Conventional Loan

A mortgage handled by humans.

One point of contact

Your loan officer manages your file from quote to close. No call-center handoffs.

21-day average close

Most of our conventional mortgages close in three weeks or less.

Quoted, not re-traded

What we send on day one is what we close on. No surprise repricing.

One-time doc upload

Upload your file once through our portal. We don't ask you twice.

Honest fit

Is a conventional loan right for you?

Conventional is a good fit if you...

  • Have a credit score of 620 or higher
  • Have at least 5% for a down payment (3% for some first-time buyers)
  • Are buying a primary, second home, or investment property
  • Want competitive long-term fixed-rate financing

Probably not for you if...

  • Your loan amount exceeds the conforming limit (look at Jumbo)
  • You qualify better with a government-backed program (FHA/VA)
  • You can't document income traditionally (consider DSCR)
  • Your credit needs more time to recover
From quote to keys

A simple, four-step process.

1

Check your rate

Soft-pull rate quote in minutes.

2

Apply

Complete application in our secure portal.

3

Underwrite

Real underwriters review. Appraisal ordered in parallel.

4

Close

Sign at the table. We wire. You get the keys.

Other options

Related mortgage programs

Jumbo

Loan amount above the conforming limit? Jumbo handles up to $3M.

See Jumbo

FHA · VA · USDA

Lower down payment options for first-time buyers, vets, and rural buyers.

See FHA · VA · USDA

DSCR Investment

Investment property and can't show traditional income? Qualify on rent.

See DSCR
Ready to start?

Your home loan, handled cleanly.

Soft credit pull. Two-minute estimate. NMLS #11252078.

Check Your Rate Start Application