Conforming & Government Loans
Quick turnaround for all buyers and refinances
Insignia Mortgage brings unique underwriting acumen to the residential conforming (Fannie Mae and Freddie Mac) and government (FHA and VA) lending market. We can quickly analyze and source these more traditional 15- and 30-year fixed-rate mortgages while providing borrowers a single point of contact.
Whether you are a first-time homebuyer or seasoned real estate investor, Insignia’s team of mortgage professionals will guide you seamlessly through the process and facilitate a quick close. We can assist if you’re just looking for a rate, term refinance, or a cash-out refi.
As a broker, Insignia Mortgage has long-standing relationships with several local California banks, credit unions, as well as national mortgage banks that price these conforming and government loans very competitively. Often, we can help package these loans to avoid substantial out of pocket closing costs.
Typically, these programs are designed around primary or second home transactions, however, there are some interesting programs for investment properties as well. These specific loans will never come with a prepayment penalty.
The conforming and government lending space is highly fluid and relies primarily on automated underwriting for decision making. Insignia Mortgage’s team of professionals is highly proficient with technology and can easily navigate these automated systems yielding quicker approval turn times, less paperwork, and smoother closings.
Our goal with all borrowers is to complete our proper due diligence upfront, greatly speeding up the disclosure, submission, and approval process.
- Loan amounts up to $765,600 in certain counties
- Rates are most competitive on 15- and 30-year loan programs
- Co-signor permitted
- Financing up to 97% loan to value with mortgage insurance
- Gift funds for down payment permitted
- No closing cost options available
- Credit scores as low as 620
- Prepayment penalties are prohibited
- Debt-to-income ratios up to 50%
- As little as 2 months post-closing reserves
- Call for FHA or VA rates and terms
From my early career as a sales associate through my years as the owner of a successful Los Angeles-based real estate company, I gained solid respect for the important role a mortgage lender plays in the successful purchase of a residential property. In my experience, Insignia Mortgage consistently accomplished what others could not. I not only use the firm for my personal finance needs but unhesitatingly recommend Insignia to my friends and colleagues.
John Aaroe, Owner, John Aaroe Real Estate
I have done business with Chris Furie for over 20 years and I look to Chris and Damon to source financing on my most complex transactions that require an out-of-the-box lending solution.
Kurt Rappaport, Westside Estate Agency, Wall Street Journal #4 Ranked Realtor 2013
I want to thank you for your help in getting me my loan. You not only got me a great loan that I’m very happy with, but you stayed on it from beginning to end and made me feel very comfortable through the process. You are the best in the business and I would suggest you to anyone buying a house.
Jay Luchs, Newmark Grubb Knight Frank
For over 14 years, I have used Chris’ services to obtain mortgage loans for many of my high-end clients as well as my own mortgage needs. He consistently provides the best terms and rates available in the market place. I will continue to recommend him to my friends and clients in the future.
Joyce Rey, Executive Director Coldwell Banker Previews International
Chris is highly attuned to the needs of the borrower and tailors his loan recommendations accordingly. No matter how complex the terms may be, I can always count on Chris to deliver my clients the best deal possible, on time and without fail.
Jade Mills, Estates Director Coldwell Banker – Beverly Hills
Conforming and Government Guaranteed Mortgage Highlights
We helped a two-income family purchase $956,250 primary residence purchase with a loan of 80% of the purchase price. One of the borrowers was self-employed. The family was looking for a very competitive 30-year fixed-rate mortgage interest rate and needed to close in under 30 days.
- $765,000 loan amount
- 30-year fixed-rate mortgage
- 3.000% 3.123% APR
- First-time home buyers
- Closed in Under 21 Days