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What is a Conventional Mortgage?

Author: Gary Corriveau

A conventional mortgage is one in which the down payment amount is equal to or more than 20% of the purchase price. Such a mortgage normally does not require mortgage loan insurance.



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Debt Consolidation Mortgage London
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Debt Consolidation Mortgage London
Mortgage Architects Inc. License #12728 | 5675 Whittle Road, Mississauga, ON L4Z 3P8 | 1-877-802-9100 | Copyright 2025 | Gary Corriveau |
Powered By Webware.io
  • Home
  • About
  • Services
    • Services
    • Services
    • FIRST TIME HOME BUYER MORTGAGE
    • REPEAT HOME BUYER MORTGAGE
    • MORTGAGE REFINANCE
    • MORTGAGE RENEWAL
    • CREDIT CHALLENGES
    • SELF EMPLOYED MORTGAGE
    • Debt Consolidation Mortgage
    • Mortgage Pre Approvals
    • Renovation Mortgage
    • Investment Property Mortgage
    • Vacation Property Mortgage
    • New to Canada Mortgage
    • Reverse Mortgage
    • Commercial Mortgage
  • Service Areas
  • TOOLS
    • TOOLS
    • Download My Mortgage Planner
    • Mortgage Calculators
    • Mortgage Application
    • Mortgage Glossary
    • Frequently Asked Questions
  • Testimonials
  • CHIP Reverse Mortgage
  • Newsletters
  • Blog
  • Contact Us