Conventional Financing

Loans that are underwritten to Fannie Mae and Freddie Mac Guidelines . These two government-sponsored enterprises (GSE's) buy mortgages from lenders and sell them to investors. Their purpose is to make mortgages more widely available and account for the largest percentage of mortgage originations.
Minimum credit score 620
Minimum down payment 3%
Debt to Income ratios up to 50%
Cash out to 80% LTV
Rate/term Refinance to 95% LTV
Fannie Mae Homestyle Renovation
Fannie Mae Home Ready
Freddie Mac Home Possible
Fixed Rate and Adjustable rate options available