The Gold Standard of Home Financing
Great Rates & Flexible Terms for Des Moines Borrowers with Good Credit.
Marlen Maddux - Mortgage Loan Officer
American Pacific Mortgage (NMLS #1850)
3917 121st St
Urbandale, IA 50323
Phone: (515) 865-0245
NMLS: #1622760
Is a Conventional Loan Right for You?
If you have a credit score of 620 or higher, a Conventional loan is often your cheapest option. Unlike FHA, you can eventually cancel your mortgage insurance.
The Facts
✅ 3% Down Payment: Available for first-time buyers.
✅ Cancelable PMI: Once you reach 20% equity, the insurance cost disappears (unlike FHA).
✅ Property Flexibility: Buy a second home, vacation home, or investment property.
✅ Term Options: Choose from 10, 15, 20, or 30-year fixed terms.
Préstamos Convencionales en Español
Si usted tiene buen crédito (620+), este es el préstamo más económico a largo plazo.
✅ 3% de Enganche para primeros compradores.
✅ Sin Seguro Permanente: Puede cancelar el seguro hipotecario cuando tenga 20% de equidad.
✅ Términos Fijos: Su pago nunca cambiará.
FAQ
Frequently Asked Questions
How much down payment do I need?
For first-time buyers, it is 3%. For repeat buyers, it is usually 5%
What credit score do I need?
Most programs require a minimum of 620. If your score is lower, we may recommend an FHA loan instead.
English & Español
My Promise to You
I help homebuyers in the Des Moines metro get clear on their options and confident about next steps—without the jargon. I’m currently a Mortgage Lender at American Pacific Mortgage (NMLS 1850) and I share quick tips and resources here. Opinions are my own.
Ready to Take Control of
Your Future?
Book your appointment today and let us guide you towards your home buying success!
Book your appointment today and let us guide you towards consistent success in the markets. Get started now and unlock your true potential!
Book your appointment today and let us guide you towards consistent success in the markets. Get started now and unlock your true potential!
Marlen Maddux - Mortgage Loan Officer
American Pacific Mortgage (NMLS #1850)
3917 121st St
Urbandale, IA 50323
Phone: (515) 865-0245
NMLS: #1622760
© Copyright 2026. Marlen Maddux. All Rights Reserved.