when it comes to a conventional loan, you will find that its much more flexable and perhaps it can work in your favor. when it comes to purchesing a home with this perticuler loan, well lets just say that you have many options, If you are looking for a condominiume, single famliy homes ect. you dont have to feel limted to your options unlike government loans a convintional loan can also be used to purches a second or a rental, the conventional loan remains one of the few programes available to purches this kinda of property.