Fannie Mae Loan Programs
At Crestico, we proudly offer a range of Fannie Mae-backed conventional loan programs designed to help more Americans achieve stable and affordable homeownership.
Step 1
Check Eligibility
Step 2
Payment Option
Step 3
Get Approved
Step 4
Close the Loan
Step 5
Repayment & Loan Terms
What Is a Fannie Mae Loan?
Fannie Mae loans are conforming conventional mortgages that meet the guidelines set by the Federal Housing Finance Agency (FHFA). These loans are typically used for the purchase, refinance, or renovation of primary residences, second homes, and even some investment properties.
With lower down payment options, streamlined documentation, and a wide range of property eligibility, Fannie Mae loans are an ideal choice for both first-time and repeat homebuyers.
Key Benefits of Fannie Mae Loans
- Low Down Payment Options – As little as 3% down for qualified borrowers
- Competitive Fixed and Adjustable Rates – 15, 20, or 30-year terms available
- Flexible Credit Requirements – Approvals possible with moderate credit scores
- No Private Mortgage Insurance (PMI) with 20% down
- Available for Multiple Property Types – Including primary, secondary, and investment homes
- No Prepayment Penalties – Pay off your loan early without fees
- Refinancing Options – Lower your rate or tap equity with rate/term and cash-out refinances