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Powerhouse Funding Corp. offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
Conventional 30 Year FNM Fixed Products

Conventional 30 Year FNM Fixed Products
The most common mortgage product backed by Fannie Mae & Freddy Mac When people hear "30 year mortgage", this is typically the product most understood This product is used for purchases with larger down payments but can be used for purchases with lesser than 20% as well. It takes a Mortgage professional to sort out if there might be a better product if less than 20% down payment is used. This product is frequently used for refinance but requires a level of equity remaining after the transaction.

Term: 30 years   Maximum Amount: $850,000



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $424,100 with closing costs of $8,482. Jumbo Loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.