Fannie Mae Loan Programs
At Crestico, we offer Fannie Mae loan programs that help qualified borrowers purchase, refinance, or renovate a home with flexible financing solutions. Whether you are buying your first home, upgrading to a new property, or refinancing an existing mortgage, our experienced loan specialists can help you choose the right conventional loan option for your financial goals.
What Is a Fannie Mae Loan?
A Fannie Mae loan is a conventional mortgage that follows the lending guidelines established by the Federal Housing Finance Agency and supported through the Fannie Mae mortgage program. These loans are designed for eligible homebuyers and homeowners looking to purchase, refinance, or renovate a primary residence, second home, or qualifying investment property.
Fannie Mae financing offers competitive interest rates, flexible down payment options, and a variety of loan terms, making it one of the most popular home loan solutions available across the United States.
Step 1
Check Eligibility
Step 2
Payment Option
Step 3
Get Approved
Step 4
Close the Loan
Step 5
Repayment & Loan Terms
Benefits of a Fannie Mae Loan
Who Can Benefit From a Fannie Mae Loan?
A Fannie Mae loan may be an excellent choice for first time homebuyers, repeat buyers, homeowners looking to refinance, and real estate investors purchasing eligible residential properties. If you meet conventional loan requirements and are looking for competitive financing with flexible options, this program can provide long term value.
Frequently Asked Questions
What is the minimum down payment for a Fannie Mae loan?
Qualified borrowers may be eligible for a down payment starting at three percent depending on the loan program and borrower qualifications.
Can I refinance using this conventional mortgage program?
Yes. Eligible homeowners can refinance to reduce their interest rate, change their loan term, or access home equity through a cash out refinance.
Can I finance an investment property?
Yes. Eligible borrowers can finance qualifying investment properties through conventional mortgage programs, subject to underwriting standards and loan eligibility requirements.
Do Fannie Mae loans require mortgage insurance?
Mortgage insurance is generally required when the down payment is less than twenty percent. It may be removed after meeting eligibility requirements.
Are Conventional Home Loans available nationwide?
Yes. Conventional Home Loan is available throughout the United States through approved mortgage lenders such as Crestico.