Tacoma Low Payment Conventional Mortgage Lender

A conventional mortgage is a home buyer loan that is not secured by the federal government. SMB has been providing Seattle affordable quick close conventional mortgages for over 15 years.

Get a low cost, low rate, fast close home loan today.

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Our Loan Products

Conventional Mortgage

USDA Loans

Low Down Payment Options

VA Loans

Jumbo Home Loans

Federal Housing Loans

Tacoma Conventional Loan Products

Conventional Mortgage Elite

The obvious choice for the top-tier buyer! Comprised of some of the best conventional mortgage rates in Tacoma WA and pricing in the industry. TMB's Elite program allows you to close quickly, with less effort.

Program highlights include:

700 FICO
Up to 80% Loan to Value
Loan amounts up to $453,100
Property Inspection Waivers honored
Underwrites to AUS findings
Includes Conventional, High Balance and ARMs

Elite High Balance

Elite High Balance offers some of the best conventional high balance rates and pricing for our top-tier clients. You'll receive industry-leading turn times, direct access to your file in process, and award-winning technology to keep you in the know.

Program highlights include:

700 FICO
Up to 80% Loan to Value
Loan amounts from $453,101 up to county HB loan limits
Appraisal waivers honored
Underwrites to AUS findings
Includes Conventional, High Balance and ARMs

Elite High Balance ARM

Are you a well qualified buyer looking for an ARM to accommodate higher a higher purchase price? The Elite High Balance 5/1 and 7/1 ARM products are great options.

Program highlights include:

700 FICO
Up to 90% Loan to Value
Loan amounts from $453,101 up to County Loan Limits
Appraisal waivers honored
Underwrites to AUS findings

High Balance

Time is of the essence with every purchase. Don't waste time over-shopping, get the most competitive rate and close your High Balance loan in record time!

Program highlights include:

Loan amounts from $424,101 up to County Loan Limits
Elite pricing available to top-tier clients
640+ FICO
Property inspection waivers honored
Underwrites to AUS findings

Pay Advantage Preferred

Pay Advantage Preferred treats our top-tier clients to added incentives. Offering up to 30BPS discount off M.I. adjustments for buyers with +760 FICO. Eliminate the monthly mortgage insurance while receiving all of the benefits and combinable incentives SMB has to offer.

Program highlights include:

Loan amounts up to $424,100
Elite pricing available to top-tier clients
Loan terms available from 8-30 years

Ultimate Advantage Blue

Ultimate Advantage Blue allows a one-time, up-front M.I. premium to eliminate the monthly Private Mortgage Insurance payment, while ensuring the the maximum credit to offset the closing fees. We help strengthen your purchase by giving you the best of both worlds.

Program highlights include:

Down payment as low as 3%
Use seller contributions to eliminate monthly mortgage insurance
Accommodate a low rate and payment while providing a premium credit to negate closing costs
Now you can qualify for the home of your dreams!

Flex Term

Customize the perfect loan for your family without resetting the mortgage clock! Flex Term provides you with flexible options to select your amortization term.

Program highlights include:

Available on most conventional products
Terms from 8-30 years available

Limited Review Condos

TMB makes your condo approval quick and easy with our limited review process. Files receiving a limited review response in AUS will only need a minimum evaluation by our investors condo department.

Program highlights include: