Freddie Mac Home Possible
Designed for low to moderate-income borrowers, the Home Possible program allows for down payments as low as 3% and reduced PMI coverage or costs when compared to the standard conventional programs.
Fannie Mae HomeReady
This program is designed for low to moderate-income borrowers and offers down payment options as low as 3%, reduced mortgage insurance requirements, and flexible income eligibility requirements.
Fannie Mae HomeStyle Renovation
This program is designed to allow borrowers to renovate their existing home through a refinance or purchase a home and finance in repair costs.
A Conventional Mortgage That Works for You
Understanding the different types of conventional mortgages available can help you make an informed decision when buying or refinancing your home. Conventional mortgages are just one of the options available to help make homeownership more accessible and affordable. Connect with a member of our team to find the conventional mortgage that fits your situation.