06/12/2026
Credit Scores & Conventional Loans: they have lower overall costs. Conventional Loans do not include mortgage insurance which makes your monthly payment lower. Your credit score does need to be in the 700+ range. (FYI: Your life insurance should be enough to pay-off your mortgage if something happens to you.) I suggest not getting mortgage insurance through mainstream insurance companies (or life insurance) as it benefits the companies & protects your lender and not you or your family. Working to increase your credit score? Down Payment Assistance? Ready to sell or purchase a home or rental property? Researching Life Insurance and how the products differ? I can help.