Conventional Mortgage - Low Rate Home Loan Options

CALL SMB 206-251-0818

13509 SE 59th St, Bellevue, WA 98006, USA

Low Down Payment Conventional Mortgage Loan Options

A conventional mortgage is a home buyer loan that is not secured by the federal government.

SMB has been providing Seattle with affordable quick close conventional mortgages for over 14 years.

Conventional Mortgage Seattle

Conventional Loan Products

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.

  • 700 FICO
  • Up to 80% Loan to Value
  • Loan amounts up to $453,100
  • 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.

  • 700 FICO
  • Up to 80% Loan to Value
  • Loan amounts from $453,101 up to County HB Loan Limits
  • Appraisal Waivers Honored
  • Underwrites 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.

  • 700 FICO
  • Up to 90% Loan to Value
  • Loan amounts from $453,101 up to County Loan Limits
  • Appraisal Waivers Honored
  • Underwrites 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
  • Property Inspection Waivers honored
  • Underwrites to AUS findings 

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

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. 

  • Available on most conventional products
  • Terms from 8-30 years available

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
  • Terms from 8-30 years available

YOUNITED
Lending With a Purpose

Lending With a Purpose is more than a tagline; It’s what drives us to be our best. At SMB we understand each mortgage we provide helps a family locally but also has the ability to provide sustainable, salubrious economic opportunity to those most in need.

“I alone cannot change the world, but I can cast a stone across the waters to create many ripples.”

Mother Teresa