FNMA Loan Products

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FNMA Loan Products

Conventional Purchase

While a conventional mortgage appeals to a wide demographic, it’s especially good for first-time borrowers with decent credit and some amount of down payment. Conventional loans also come with lower costs and home buying flexibility.

The RAC Advantage

  • Down to 620 with DU approval

  • 3% down payment – 95% financing

  • Lower mortgage insurance costs than FHA

  • No monthly mortgage insurance with 20% or more down payment