_edited_edited.jpg)
Important Product Update: Effective July 1, we will no longer accept new Fannie Mae HomeStyle® Renovation loan submissions. We encourage partners with active opportunities to submit their loans prior to the deadline. Please contact your Account Executive with any questions or to discuss alternative financing options.
-
Max LTV 97%
-
FNMA & FHLMC have removed their minimum credit score requirements (previously 620)
Flexible Structure. Long-Term Advantage.
​
A Conventional loan offers broad flexibility, competitive pricing, and long-term value for borrowers with solid credit profiles, making it a cornerstone option across purchase and refinance scenarios.
​
Why It’s Useful Conventional financing gives brokers a versatile solution that works for a wide range of borrowers, property types, and occupancy needs, without government insurance requirements.
​
Key Highlights
-
Low down-payment options available
-
Competitive interest rates
-
Mortgage insurance can be removed over time
-
Designed for strong, stable borrower profiles
-
Broad property and occupancy eligibility
​
Program Snapshot
-
Purchase and refinance options
-
Primary residences, second homes, and investment properties
-
Single-family homes and eligible condos
-
Conforming loan limits apply
​
When to Use When borrowers want pricing flexibility, long-term savings, and a loan structure that adapts to nearly any scenario