Conventional Loans in New Braunfels, TX

Conventional loans for first-time and repeat buyers with low-down-payment options, cancelable PMI, gifts, and clear credit and income guidance.

Collin Jorden, Mortgage Loan Advisor

Jorden Mortgage Solutions - Powered by EDGE Home Finance

Phone: (830) 481-1249

Email: [email protected]

NMLS# 2103826

Company NMLS# 891464

Licensed in: TX

Equal Housing Opportunity. Not a commitment to lend.

Conventional Loans in New Braunfels, TX

Conventional loans for first-time and repeat buyers with low-down-payment options, cancelable PMI, gifts, and clear credit and income guidance.

Conventional Loans in New Braunfels, TX

Who Qualifies for a Conventional Loan?

Conventional Down Payment Options and PMI

The Conventional Loan Process, Step by Step

Conventional vs. FHA vs. VA Loans

Conventional Loan FAQs

How much do I need down for a conventional loan?

When does PMI come off a conventional loan?

FHA or conventional: which is better?

Are gift funds allowed on conventional loans?

What does “conforming” mean?

Can I buy a condo with a conventional loan?

Find Your Best Down Payment and PMI Balance

Programs

The conventional buyer playbook

Conventional loans can start at 3% down for eligible buyers, reward stronger credit, and offer PMI that can cancel. Collin Jorden, a mortgage broker in New Braunfels (NMLS #2103826), compares the rate, mortgage insurance, reserves, and cash-to-close as one system for buyers across Comal and Guadalupe counties.

Tap every box that’s true today. Most people surprise themselves.

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More down can reduce balance and PMI—but emptying savings is not automatically a win.

Example figures are illustrative and for education — your numbers depend on price, program, county, and negotiation.

From first hello to keys, the typical arc — assuming the house-hunt cooperates.

Every buyer gets this comparison run on their actual numbers. Here’s the shape of it.

Simplified for orientation — details like loan limits (we stay within conforming and FHA limits), DTI ceilings, and rates get worked through together.

Answered the way I’d answer a friend — including the parts that don’t favor me.

Qualified first-time and income-qualified buyers can put as little as 3% down. Other buyers typically need at least 5%. Putting 20% down avoids private mortgage insurance (PMI), but keeping reserves can be the wiser trade.

You can request PMI removal once your balance reaches 80% of the home’s original value. It drops off automatically at 78%, as long as your payments are current. A new appraisal, seasoning, and investor rules can create other paths.

It depends on your credit score and down payment. Conventional often costs less for buyers with stronger credit because PMI can be removed. FHA can be cheaper for lower scores. I’ll price both with the same home price so you can compare.

Yes for eligible transactions, with documentation of the donor, transfer, and no-repayment intent. Minimum borrower contribution rules vary by occupancy, property type, and loan-to-value.

It means the loan follows Fannie Mae or Freddie Mac standards, including current county loan limits. A conventional loan above those limits is jumbo and follows different underwriting.

Yes when the unit and project meet applicable review standards. Budget, insurance, reserves, litigation, owner occupancy, and commercial space can affect the review.

Twenty minutes, free, and specific to your numbers — not the internet’s.

Plain-English mortgage guidance for New Braunfels homebuyers. I’d rather teach you the math than talk you into a payment.

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Mon–Sat · 8a–6p CT

New Braunfels, TX

Collin Jorden, NMLS #2103826, serves homebuyers in New Braunfels, Seguin, San Marcos, Canyon Lake, Schertz, Cibolo, Kyle, Bulverde, and San Antonio, plus all of Comal and Guadalupe counties and the rest of Texas.

· Licensed in Texas

Equal Housing Opportunity.

This is not a commitment to lend. Program details, rates, and payment figures are illustrative, change often, and depend on your full application.