Conventional Loans

Conventional Purchase Loans

Qualified borrowers can enjoy a range of options and outstanding benefits with Success Mortgage Partner’s conventional loans. Unlike FHA and other government loans, which may impose property limitations, conventional loans offer the flexibility to be utilized on almost any property type.

Looking for a program that requires a lower down payment? 

Fannie Mae HomeReady might be right for you. HomeReady is a program that offers fixed-rate mortgages for affordable housing, specifically designed for individuals with low-to-moderate incomes. You can qualify with as little as a 3% down payment or get financing for up to 97% of the home’s value.

(Blue underlined text should link to our Fannie Mae HomeReady page)

Perks of Qualifying for a Conventional Loan:

  • A range of down payment options
  • Advantages for higher down payments
  • Option to eliminate mortgage insurance with a 20% down payment.
  • Financing for properties commonly restricted by government loans