Conventional Loan

A conventional loan is any mortgage not guaranteed by the federal government (not FHA, VA, or USDA). Most conventional loans conform to Fannie Mae and Freddie Mac guidelines — credit score 620+, DTI ≤45%, documented income and assets — and are sold into the agency secondary market.

Conventional is the most common U.S. mortgage category. Above the conforming loan limit ($806,500 in 2025 for most counties), loans are called jumbo and have separate underwriting.

Why it matters for Milo customers

Milo crypto-backed mortgages are non-conventional (non-QM) by design — they qualify on crypto collateral instead of conventional income/DTI rules. Many Milo borrowers turn to us specifically because they don't fit a conventional box.

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