Movement Mortgage offers a variety of conventional purchase loans that provide flexible down payment options and benefits for qualified borrowers. Unlike government loans, which may have property restrictions, conventional loans from Movement Mortgage can be used for nearly any property type. These loans include programs like Fannie Mae HomeReady and Freddie Mac Home Possible, which support low-to-moderate-income borrowers by offering up to 97% financing. Conventional loans require Private Mortgage Insurance (PMI) if the loan-to-value (LTV) is greater than 80%, but borrowers can eliminate PMI with a 20% down payment. This flexibility makes conventional loans an attractive option for many homebuyers.