Atlantic Bay Mortgage Group · Lender
Atlantic Bay Mortgage Group
Review published mortgage options and requirements, then request a personalized quote from the lender.
Availability: All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend.
At a glance
- Property use
- Primary residence
- Credit requirement
- Credit score: typically 620 or higher, though stronger scores unlock better pricing
Still to confirm: Borrower type, Reserves.
Our take: Pros & Cons
What we like
- Conventional loans can finance both purchases and refinances.
- Primary residences, second homes and investment properties are supported, with different underwriting conditions.
- Down payments can start as low as 3% for qualifying first-time buyers.
What to consider
- All loans are subject to income verification, credit approval and property appraisal; the information is not a commitment to lend.
- Down payment and reserve requirements are typically higher for second homes and investment properties.
- Private mortgage insurance is required with less than 20% down under the published conventional guidance.
AI-generated lender-level assessment based on published information. Not a verified assessment of Conventional Loans: Financing For Buyers With Strong Credit — Primary residence; confirm program-specific conditions below.
Additional lender considerations
- Conventional mortgage insurance can be removed after sufficient equity, subject to applicable requirements.
- A local Mortgage Banker can review program options and personalized pricing.
- The loan amount must fit the county conforming loan limit; larger loans require jumbo financing.
- Program-specific SSN, ITIN, visa, foreign-credit, foreign-income and no-credit-history criteria are not stated in the reviewed conventional guidance.
- No numeric current advertised rate is published on the reviewed rates page; request a personalized quote.
- Refinancing may increase total finance charges over the life of the loan.
Newcomer requirements
Conventional Loans: Financing For Buyers With Strong Credit — Primary residence
Fit not assessed · Check fit
Verified published requirements for this program. Rate-example assumptions are separate and do not establish eligibility or approval.
- Minimum credit score
- Credit score: typically 620 or higher, though stronger scores unlock better pricing
- Minimum down payment
- Down payment: as low as 3% for qualifying first-time buyers, although 5–20% is common.
- Employment documentation
- Income and employment: stable, verifiable income and typically two years of employment history
- Property restrictions
- Loan amount: must fall within your county's conforming loan limit to qualify as Conventional rather than jumbo
- Occupancy
- Primary residence
View full lender requirements
- Minimum credit score
- Credit score: typically 620 or higher, though stronger scores unlock better pricing
- Minimum down payment
- Down payment: as low as 3% for qualifying first-time buyers, although 5–20% is common.
- Employment documentation
- Income and employment: stable, verifiable income and typically two years of employment history
- Property restrictions
- Loan amount: must fall within your county's conforming loan limit to qualify as Conventional rather than jumbo
- Occupancy
- Primary residence
- Other conditions
- Debt-to-income ratio (DTI): most lenders look for a DTI at or below 45–50%. Learn how debt-to-income ratio affects your mortgage. Private mortgage insurance (PMI): required if your down payment is under 20%, but removable once you reach 20% equity Income and employment: stable, verifiable income and typically two years of employment history Loan amount: must fall within your county's conforming loan limit to qualify as Conventional rather than jumbo No single factor makes or breaks an application. A larger down payment or lower DTI can help offset a lighter credit profile, and vice versa.
Questions to confirm with the lender (11)
These requirements have not been verified for this program:
- SSN
- ITIN
- U.S. credit history
- Foreign credit history
- No credit history
- Residency / visa
- Income documentation
- Foreign income
- Foreign assets
- Reserves
- State restrictions
Requirements last reviewed: Oct 25, 2026 · Official requirements source
Rates and costs
Conventional Loans: Financing For Buyers With Strong Credit — Primary residence
Rates are available on request
No reviewed advertised rate example is linked to this program.
How to apply
Conventional Loans: Financing For Buyers With Strong Credit — Primary residence
- Income and employment: stable, verifiable income and typically two years of employment history
- Confirm the program's identity, residency, credit and property requirements with the lender.
- Use the official application channel to request pricing for your actual scenario.
- Review the lender's written Loan Estimate, including costs and cash to close.
Published eligibility and availability do not guarantee approval. Confirm membership, relationship, property and occupancy conditions with the lender.
Sources and methodology
About this lender
Conventional purchase and refinance financing for primary residences, second homes and investment properties. Published guidance describes credit, verified income, conditional down payment and mortgage-insurance requirements; non-primary properties typically require higher down payments and reserves.
Legal lender: Atlantic Bay Mortgage Group, L.L.C.
Lending channel: Direct lending
Provider type: Mortgage company
Lending channels: Direct lending. Origination status: Not stated.
NMLS identifier: 72043
Published service states: AL,DE,FL,GA,IN,KY,LA,MD,NC,NJ,OH,PA,SC,TN,TX,VA,DC,WV
More lender directory information
Direct application information ↗
All loans subject to income verification, credit approval and property appraisal. Not a commitment to lend.
Directory verified: 2026-10-25 UTC · Official directory source ↗
Official mortgage terms · Profile reviewed: Oct 25, 2026
- Official lender source · Last checked Not confirmed
What do APR, points, LTV and reserves mean?
- APR
- An annualized borrowing-cost measure that includes interest and certain loan charges. Read it alongside the interest rate and fees.
- Discount points
- An upfront charge expressed as a percentage of the loan amount. Compare the quoted interest rate and the points together.
- LTV
- Loan-to-value: the loan amount relative to the property's value.
- Reserves
- Assets the lender may require you to retain after closing. Requirements differ by program.