Conventional Loan Products

Conventional 1% Down Payment

We give our buyers low down payment options, great rates and a head start on their equity. Seattle's Mortgage Broker is one of the first in the industry to offer 1% down on conventional loans with a 2% equity boost!

Program highlights include:

  • Clients pay 1%, our investors gift 2%, giving buyers 3% equity at closing
  • 700+ FICO, 43% max DTI
  • Great low rates
  • Close in 30 days or less
  • Available with no monthly Mortgage Insurance

Elite

The obvious choice for the top-tier buyer! Comprised of some of the best conventional rates and pricing in the industry. SMB's Elite program allows you to close quickly, with less effort. 

 

  • 740+ FICO
  • Up to 80% Loan to Value
  • Loan amounts from $250,000 up to County Loan Limits
  • Property Inspection Waivers honored
  • Underwrites to AUS findings 
  • Includes Conventional, High Balance and ARMs

Elite High Balance

Elite High Balance offers some of the best conventional high balance rates and pricing for our top-tier clients. You'll receive industry-leading turn times, direct access to your file in process, and award-winning technology to keep you in the know.

 

  • 740+ FICO
  • Up to 80% Loan to Value
  • Loan amounts from $424,101 up to County HB Loan Limits
  • Property Inspection Waivers honored
  • Underwrite to AUS findings
  • Includes Conventional, High Balance and ARMs

Elite High Balance ARM

Are you a well qualified buyer looking for an ARM to accomodate higher a higher purchase price? The Elite High Balance 5/1 and 7/1 ARM products are great options. 

 

  • 740+ FICO
  • Up to 90% Loan to Value
  • Loan amounts from $424,101 up to County Loan Limits
  • Property Inspection Waivers honored
  • Underwrite to AUS findings

High Balance

Time is of the essence with every purchase. Don't waste time over-shopping, get the most competitive rate and close your High Balance loan in record time!

 

  • Loan amounts from $424,101 up to County Loan Limits
  • Elite pricing available to top-tier clients
  • 640+ FICO

Ultimate Advantage Blue

Ultimate Advantage Blue allows a one-time, up-front M.I. premium to eliminate the monthly Private Mortgage Insurance payment, while ensuring the the maxium credit to offset the closing fees. We help strengthen your purchase by giving you the best of both worlds. 

 

  • Down payment as low as 3%
  • Use seller contributions to elliminate monthly mortgage insurance
  • Accomodate a low rate and payment while providing a premium credit to negate closing costs
  • Now you can qualify for the home of your dreams!

Flex Term

Customize the perfect loan for your family without reseting the mortgage clock! Flex Term provides you with flexible options to select your amortization term. 

Pay Advantage Preferred

Pay Advantage Preferred treats our top-tier clients to added incentives. Offering up to 30BPS discount off M.I. adjustments for buyers with +760 FICO. Eliminate the monthly mortgage insurance while receiving all of the benefits and combinable incentives SMB has to offer.

  • Loan amounts up tp $424,100
  • Elite pricing available to top-tier clients
  • Loan terms available from 8-30 years

Limited Review Condos

SMB makes your condo approval quick and easy with our limited review process. Files receiving a limited review response in AUS will only need a minimum evaluation by our investors condo department. 

 

  • No condo questionnaire required
  • Available in Washington State

SMB

Seattle Mortgage Broker

Copywright © 2017

Seattle's Mortgage Broker

All rights reserved.

 

  • Available on most conventional products
  • Terms from 8-30 years available
Why SMBLoan ProductsNews & EventsRealtors Click Here

APPLY
NOW

SMB

Seattle Mortgage Brokers

ConventionalFHAJUMBOVAUSDADown Payment AssistanceNO credit NO problem
Read our philosophy >LEARN MORE >