CONVENTIONAL LOAN PRODUCTS

Nobody does conventional loans like AMG. We combine competitive rates, groundbreaking tools and technology, and a fast, easy process to help deliver a worry-free mortgage experience.

• 620+ FICO
• Primary, second and investment properties
• Loan amounts up to county loan limit
• Eligible for primary, second and investment properties on purchase, rate/term and cash-out refinances
• LTV's as high as 97% on purchase and rate/term refinances
• LTV's as high as 80% on primary home and 75% on second home and investment cash-out refinances
• Available on single- and multi-wide, condos and PUDs
• High Balance available for loan amounts over the county loan limit

Comprised of some of the best conventional rates and pricing in the industry. 

• 700+ FICO, up to 80% LTV
• Loan amounts from $125,000 up to county loan limits
• Eligible for primary, second and investment homes
• Appraisal Waivers honored
• Includes conventional and high balance
• Available on single- and multi-wide, condos and PUDs

Elite MI combines the cheapest lender-paid mortgage insurance in the industry with some of the lowest borrower-paid pricing. 

• Among the lowest mortgage insurance rates in the industry
• Instant MI saves 3-7 days on the loan process
• No overlays
• No adjustments for DTI or number of borrowers
• Starts at 620 FICO

Customize the perfect loan for without resetting the mortgage clock! Flex Term provides borrowers with flexible options to select their amortization term.

• Available on conventional, FHA and VA loan products
• Terms available from 8–30 years

Elite High Balance offers some of the best conventional high balance rates and pricing for our clients. 

• 700+ FICO
• Up to 80% LTV
• Loan amounts from $647,200 up to county loan limits
• Appraisal Waivers honored
• Underwrite to AUS findings
• Includes convention and high balance
• Available on condos and PUDs

Lower rate options with our 5-, 7- and 10-year adjustable-rate mortgages

• Conventional Elite 5, 7, and 10 year
  • 700+ FICO, up to 80% LTV
  • Primary, second, and investment properties on purchase, rate/term and cash out refinance
  • $125,000 minimum loan amount
• Conventional 5, 7, and 10 year
  • 620+ FICO, up to 95% LTV
  • Primary, second, investment, purchase, rate/term and cash out refinance
• Conventional Elite High Balance 5, 7, and 10 year
  • 700+ FICO, up to 80% LTV
  • Primary, second, and investment properties on purchase, rate/term and cash out refinance
  • Loan amounts from $647,200 up to county loan limit
• Conventional High Balance 5, 7, and 10 year
  • 620+ FICO, up to 95% LTV
  • Primary, second, investment properties on purchase, rate/term refinance and cash out refinance
  • Loan amounts from $647,200 up to county loan limit
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We qualify more first-time homebuyers with this 3% down payment solution.

• Purchases up to 97% LTV
• No income restrictions
• Available in all geographic locations
• Eligible for single family homes, including townhouses and condos
• At least one borrower must be a first time homebuyer
• LPA only
• Available on single- and multi-wide, condos and PUDs for Manufactured Homes with LTV up to 95%

Conventional options for borrowers looking to purchase with a low down payment or refinance with limited equity. Use the Fannie Mae Lookup Tool to see if a subject property meets the county loan limit requirement.

• Purchases up to 97% including FTHB
• Refinances serviced by FNMA eligible up to 97% LTV
• Reduced Mortgage Insurance
• High Balance available
• Income up to 80% of the AMI
• Gift funds eligible for entire down payment
• Available on single- and multi-wide, condos and PUDs for Manufactured Homes with LTV up to 95%

RefiNow lets more borrowers save on their monthly mortgage payments! We use it to help homeowners who currently have a Fannie Mae-backed loan, have income at or below 100% of their area median income (AMI) limit, and can reduce their interest rate by a minimum of 50 basis points.

• Loan must be conventional and owned or securitized by Fannie Mae
• Must have a reduction in their monthly mortgage payment*
• 30-year fixed loans with an LTV up to 97%
• 620+ FICO, up to 65% DTI
• Primary residence rate/term refinance
• $500 credit from Fannie Mae if an appraisal was obtained
• Available on single- and multi-wide, condos and PUDs

*Reduction must include principal, interest and the mortgage insurance payment (if applicable).

A great alternative to FHA financing for borrowers looking to purchase with a low down payment or refinance with limited equity. 

• Up to 97% LTV
• 620+ FICO
• First time homebuyers, move-up borrowers and retirees
• Refinances up to 97% LTV, regardless of current mortgage program
• High Balance available
• Income up to 80% of the AMI
• Available on single- and multi-wide, condos and PUDs

For a limited time, we can help qualified borrowers get up to $2,500 toward their down payment or closing costs.

• 620+ FICO, up to 97% LTV
• Eligible for primary purchases only
• At least one qualifying borrower will be required to complete homebuyer counseling session through Homeownership Preservation Foundation (HPF) Process for a fee of $99
• Qualified borrowers with an income less than or equal to 50% of the AMI receive $2,500
• Qualified borrowers with an income between 50% and 80% of the AMI receive $1,250
• Available on single- and multi-wide manufactured homes, condos and PUDs

Refi Possible helps borrowers who currently have a Freddie Mac-backed loan save on their monthly mortgage payment. As with Fannie Mae’s RefiNow, applicants must have income at or below 100% of their area median income (AMI) and be able to reduce their interest rate by a minimum of 50 basis points.

• Loan must be conventional and owned or securitized by Freddie Mac
• Must have a reduction in their monthly mortgage payment*
• 30-year fixed loans with an LTV up to 97%
• 620+ FICO; up to 65% DTI
• $500 credit from Freddie Mac if an appraisal was obtained
• Available on single- and multi-wide, condos and PUDs

*Reduction must include principal, interest and the mortgage insurance payment (if applicable).