We offer a variety of Conventional loans starting with as little as 3%down purchase programs as well as the Fannie Mae Homestyle Renovation loan. We offer programs with lender paid mortgage insurance as well as borrower paid mortgage insurance, and of course the traditional 20% down or more to avoid mortgage insurance.
Benefits to a Conventional loan are that the mortgage insurance eventually comes off the loan as the loan is paid down. Other benefits include; no income limits and loan limits up to $417K.
Contact your local SMP Loan Officer today to see if a Conventional loan is the way to go for your next purchase or refinance loan.