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Conventional Mortgage Loans
How Conventional Loans Work

Conventional Loans to Help You Fund Your Future!

Answer the following questions to get the ball rolling to purchase, build, renovate or refinance your new home.
Loan Purpose
Free Consultation
We will review your questions and help guide you through the Conventional Loan Process. We are there for you from first phone call, to first key turn and long after.
Superior Rates
Let Us Shop The Market For You. We Know Our Loan Products and Compare Rates Across 1000's of Lenders to Find You The Best Rate For Your Loan.
Brokers Not Bankers
We Work For The Borrower, Not The Bank. Our Purpose is To Help You Achieve Your Lending Goals. We Are There For You From First Phone Call, Closing Day and Long After.
Conventional Loans 101
Our loan catalog includes a variety of loans from both Fannie Mae and Freddie Mac. These loans, offered by leading government-sponsored enterprises, can provide up to 97% financing to eligible borrowers, and include options for purchase and refinance, as well as renovation, Manufactured Housing, Construction and more!
FNMA - Standard Loan
The Fannie Mae Fully Amortizing Fixed Rate and High Balance loan program, also referred to as a Fannie Mae “standard” loan, is a conventional mortgage product designed to help qualified borrowers secure competitively priced home financing for conforming and high balance loan limits.  
FNMA - HomeReady
The FNMA HomeReady® program provides the opportunity for homeownership, or refinance, to low- and moderate-income borrowers. This financing solution offers reduced down payment options, reduced interest rates and costs, and reduced mortgage insurance requirements, as well as flexibility around allowing contributions from other people.  
FNMA - HomeStyle Renovation
The Fannie Mae HomeStyle Renovation loan allows borrowers to purchase a home that needs repairs, or refinance their existing home, and include the necessary funds for renovation in the balance of the new loan.  
CONV: One-Time Close Construction
There are many benefits to One-Time Close, Construction-to Permanent loans; for example, an interest rate and payment can be locked in prior to the start of construction. Plus, with only one closing, it saves time and money. Also, a One-Time Close loan means eligible borrowers won’t need to secure a permanent mortgage once the home is complete because that will already be included in the single closing! This is a great option for borrowers who want to build their dream home over buying it!  
FHLMC - Home Possible
The FHLMC Home Possible® mortgage is designed to help low- and moderate-income households obtain homeownership through affordable financing without having to make a large down payment. This financing solution offers reduced down payment options, reduced interest rates and costs, and reduced mortgage insurance requirements, as well as flexibility around allowing contributions from other people.  
CONV: Doc-Less Loan
Conventional mortgage loans are eligible for full, income, asset and appraised value warranty. What does this mean? Some borrowers are able to qualify for a Conventional loan without the need to provide income documentation, bank statements or, even have their home appraised. A true, "driver's license loan". Contact us today to see if you qualify for the fastest, easiest, and lowest cost mortgage loan in the market.  
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SATORI MORTGAGE
NMLS # 4190 Mortgage Broker
2808 West Broadway Minneapolis, MN 55411
(866) 405-3697
info@satorimortgage.com
Complaints may be directed to: Phone: (855) 906-6784 or Email: compliance@satorimortgage.com
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Copyright ©2022 Satori Mortgage. NMLS# 4190. 2808 West Broadway Minneapolis, MN 55411 (866) 405-3697. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply. CONSUMERS WISHING TO FILE A COMPLAINT AGAINST A MORTGAGE BANKER OR A LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATOR SHOULD COMPLETE AND SEND A COMPLAINT FORM TO THE TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LENDING, 2601 NORTH LAMAR, SUITE 201, AUSTIN, TEXAS 78705. COMPLAINT FORMS AND INSTRUCTIONS MAY BE OBTAINED FROM THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV. A TOLL-FREE CONSUMER HOTLINE IS AVAILABLE AT 1-877-276-5550. THE DEPARTMENT MAINTAINS A RECOVERY FUND TO MAKE PAYMENTS OF CERTAIN ACTUAL OUT OF POCKET DAMAGES SUSTAINED BY BORROWERS CAUSED BY ACTS OF LICENSED MORTGAGE BANKER RESIDENTIAL MORTGAGE LOAN ORIGINATORS. A WRITTEN APPLICATION FOR REIMBURSEMENT FROM THE RECOVERY FUND MUST BE FILED WITH AND INVESTIGATED BY THE DEPARTMENT PRIOR TO THE PAYMENT OF A CLAIM. FOR MORE INFORMATION ABOUT THE RECOVERY FUND, PLEASE CONSULT THE DEPARTMENT’S WEBSITE AT WWW.SML.TEXAS.GOV