Mortgages
Conventional Financing

This is the most common type of retail mortgage offered by Customers Bank. It is not guaranteed or insured by a government agency and is ideal for buying a home, refinancing or for purchasing a second home or investment property. With a lower down payment and good credit rating, a conventional mortgage from Customers Bank can be structured with either a fixed or adjustable rate over a 30-year term.

Features and Benefits

  • Minimum credit score of 620
  • Minimum down payment of 3.0%
  • Maximum borrowing limit from $484,350 (single unit) up to $931,600 (four unit)
  • Loan-to-Value maximum is 97%
  • No private mortgage insurance (PMI) required with 20% or more down payment
  • Free qualification and personalized service
  • Competitive rates (fixed or adjustable)
  • Local decision making with fast approvals
  • Friendly, federally licensed mortgage consultants
  • Available in: PA, NY, NJ, CT, DC, DE, MA, RI and VA

Ready to get started? Contact one of our mortgage professionals who will help find the right loan for you.

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