SBM Mortgage is proud to offer a wide range of products to help you buy that next home or refinance your existing mortgage. Call today to learn how we can help!

 

Conventional Loan Programs

Conventional and Freddie Only Products

  • 10, 15, 20, 25 and 30 year Fully Amortizing Fixed Rate
  • 5/1 and 7/1 ARMs
Fannie Only Products
  • 10, 15, 20, 25 and 30 year Fully Amortizing Fixed Rate

Conventional Program Features

  • Fully - Amortized Fixed Rate
  • LP Accept/Eligible or DU Approve/Eligible required
  • Minimal Overlays
  • Credit Scores from 620 unless higher score required by LP/DU or MI provider
  • Blended ratios allowed on LP Primary Residence with a non-occupant co-borrower
  FHA Program Highlights

VA Program Highlights

VA Standard
  • 15, 25 and 30 year Fixed Rate
VA Program Features
  • All Products are Fully-Amortizing
  • Citizenship is not required
  • Veteran can use entitlement many times
  • Not limited to first-time homebuyers
  • High LTV with No monthly mortgage insurance
JUMBO LOAN PROGRAMS

Program Highlights
  • 15 and 30 year Fully Amortizing Fixed Rate
  • 5/1, 7/1 and 10/1 LIBOR ARMs
Program Features
  • Fully-Amortized Fixed Rate and ARM
  • Minimum 680 credit score
  • Minimum $417,001 loan amount
  • Cash out available on 1 unit Primary Residence (Max. $250,000 Cash back)