A conventional loan is a mortgage not insured by the government (like FHA or VA loans). It’s one of the most common types of financing for investment properties, offering competitive rates and flexible terms for qualified buyers. To qualify, you’ll generally need a solid credit score, proof of income, and a down payment—often 20–25% for investment properties. For Meridian Pacific Properties buyers, conventional loans are often the most straightforward way to finance a turnkey rental. These loans work well with our properties because they appraise easily and are already leased, making underwriting smoother for lenders.
